Overview

Compliance with global anti-money laundering (AML) standards continues to be a key issue for the industry. Increased regulatory focus and the implementation of aggressive international sanctions makes AML compliance even more important for firms that establish structures which are subject to local AML legislation in the jurisdictions where they are domiciled.

The Maples Group has unrivalled experience, having supported some of the world's largest financial institutions with the maintenance or delegation of AML and counter-terrorist financing procedures. We offer a risk based, cost effective solution that can be tailored to individual requirements and includes:

  • Developing and assessing AML and risk management systems;
  • Providing a qualified, named AML professional to act as money laundering reporting officer (MLRO), deputy MLRO or AML compliance officer;
  • Managing the suspicious activity reporting process;
  • Acting as an ongoing liaison with local regulators, competent authorities or other regulatory or investigative agencies;
  • Delivering AML training; and
  • Providing an annual AML inspection that is designed to test and evaluate an internal AML programme and related controls.

The Maples Group also provides the following legal services with regard to anti-money laundering and counter-terrorism financing compliance:

  • Advising on the maintenance or delegation of Anti-money Laundering (AML) / Counter-terrorism Financing (CTF) procedures
  • Development and assessment of AML / CTF and risk management systems
  • Advising on suspicious activity reporting and reliance on relevant third party obligations
  • Conduct of mock regulatory and AML / CTF inspections
  • Provision of advanced AML / CTF training for compliance and reporting officers
  • Know Your Customer (KYC) due diligence and customer due diligence best practices
  • KYC information verification and screening services
  • Management of fraud and forensic inquiries and investigations
  • Conduct of money laundering and fraud proceedings 
  • Provision of expert evidence on AML / CTF and regulatory obligations under British Virgin Islands, Cayman Islands, Irish and Luxembourg law

Maples Compliance Services (Cayman) Limited, part of the Maples Group, has been recognised by the Cayman Islands Monetary Authority as a suitably qualified AML auditor. We can provide AML audit services to SIBL Excluded Persons where we do not already provide AML officer appointments. As part of the AML audit, we will conduct a comprehensive assessment of the entity’s AML / CTF systems and procedures and prepare a written report outlining the results of our assessment.

Locations

Abu Dhabi   |   Bermuda   |   Boston   |   British Virgin Islands   |   Cayman Islands   |   Delaware   |   Dubai   |   Dublin   |   Hong Kong   |   Jersey   |   London   |   Luxembourg   |   Montreal   |   Netherlands   |   Singapore
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The use of this form does not create an attorney-client relationship and information submitted will not necessarily be treated as privileged or confidential, nor will it prevent us from accepting related instructions on behalf of others. Do not send us any information regarding any current or potential legal matters until your proposed engagement of us as legal counsel has been agreed and confirmed by us in writing.

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Please note that your email may be received and read by other Maples Group employees in addition to your intended recipient.

The use of this form does not create an attorney-client relationship and information submitted will not necessarily be treated as privileged or confidential, nor will it prevent us from accepting related instructions on behalf of others. Do not send us any information regarding any current or potential legal matters until your proposed engagement of us as legal counsel has been agreed and confirmed by us in writing.

Deals

Maples Group Advises United Airlines on US$6.8 Billion Financing Plan

 The Maples Group advised United MileagePlus on both its recent US$3.8 billion bond offering and its concurrent US$3 billion term loan.

08 Jul 2020

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Announcements

COVID-19: What is Maples Group doing?

 The Maples Group has comprehensive, jurisdictionally specific, pandemic plans in place. This is a summary of the preventative measures that we are taking.

20 Mar 2020

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Announcements

Maples Group Luxembourg Expands to New Location

The Maples Group is pleased to announce that due to the remarkable growth of its business in Luxembourg, it has relocated its offices.

12 Mar 2020

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Announcements

Maples Group Announces Strategic Appointments at Six Offices

New Partners and Of Counsel are appointed across the Group's international offices.

05 Mar 2020

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Announcements

Maples Group Ranked as Top Funds Legal Adviser for 7th Year Running

Maples and Calder, the Maples Group's law firm, is pleased to retain its position as the number one legal adviser to Irish-serviced funds for the seventh consecutive year by the Monterey Insight Ireland Fund Report 2019.

24 Feb 2020

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Announcements

Maples Group Hong Kong Offices Relocate

 All of the Maples Group's Hong Kong teams will now be located at Central Plaza in Wanchai's north business district in Hong Kong. 

21 Feb 2020

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