Compliance, Anti Money Laundering and Fiscality Services
Outsourcing processes and activities related to Compliance, Anti-Money Laundering, and Taxation allow banks and insurance companies to access specialized expertise to ensure regulatory compliance.
This is a very broad category, which always includes Full Outsourcing of activities, but also allows for choosing individual components, such as:
- Management of Supervisory Reports
- Simulation of inspection activities
- Assistance and Support during actual inspection activities
- Consultancy on new regulations and assessment activities
- Risk management services, rating models, and scoring
Outsourcing anti-money laundering activities typically involve reporting aspects or other highly specialized and non-core activities for the bank.
Outsourcing activities related to taxation, on the other hand, encompass a variety of services and consultancy activities, but also include related services such as Digital Archiving, Electronic Invoicing, and the Tax Drawer.