I, Banyong Fonyam Jonie Jr., am a lawyer and expert in Anti-Money Laundering (AML) Risk Assessment and Review. I help businesses, financial institutions, and non-profit organizations strengthen their defenses against money laundering, terrorist financing, and other financial crimes. My services are designed to ensure that your operations are compliant with national laws and international AML standards, while minimizing risk exposure and enhancing regulatory trust.
What Is AML Risk Assessment and Review?
Anti-Money Laundering Risk Assessment and Review involves identifying, evaluating, and mitigating the risks of being used for illicit financial activities. It is a critical process for organizations in regulated sectors, such as banking, fintech, real estate, insurance, and international trade.
An effective AML risk assessment allows you to:
- Understand your exposure to money laundering and terrorist financing threats
- Establish proportionate controls based on your risk profile
- Demonstrate compliance with regulators and international bodies such as FATF, GABAC, and regional compliance frameworks
My AML Risk Assessment & Review Services
I offer a full suite of AML-related legal and compliance services tailored to your operational needs and regulatory environment:
1. Enterprise-Wide Risk Assessment (EWRA)
- Comprehensive AML/CFT risk evaluations covering customers, geography, products, and delivery channels
- Identification of inherent and residual risks
- Development of risk mitigation plans aligned with your business model
2. AML Policy & Procedure Review
- Assessment of your current AML policies and procedures
- Revisions to align with current laws, FATF recommendations, and best practices
- Assistance with drafting or enhancing AML compliance programs
3. Regulatory Compliance Audit
- Independent review of your AML program effectiveness
- Testing internal controls, transaction monitoring systems, and record-keeping practices
- Recommendations for remediation and continuous improvement
4. Customer Due Diligence (CDD) & KYC Review
- Evaluation of your client onboarding, identification, and verification processes
- Support with enhanced due diligence (EDD) for high-risk clients or politically exposed persons (PEPs)
- Advice on beneficial ownership disclosure and sanctions screening
5. Training & Awareness
- AML training for employees, compliance officers, and senior management
- Customized workshops based on your sector and risk level
- Ongoing support to build a culture of compliance
6. Suspicious Transaction Reporting (STR) Guidance
- Advising on internal escalation protocols
- Drafting and reviewing STRs for submission to competent authorities
- Recordkeeping and reporting support
Why Choose Me for AML Risk Assessment?
✔️ Legal and Regulatory Expertise – I combine legal insight with hands-on experience in designing and reviewing AML frameworks.
✔️ Tailored, Risk-Based Approach – I create compliance strategies that are practical, effective, and aligned with your business objectives.
✔️ Trusted by Regulators – My assessments and reports stand up to scrutiny by financial intelligence units (FIUs), central banks, and compliance auditors.
✔️ Confidential and Professional – Your sensitive data is handled with integrity, discretion, and strict confidentiality.
Who Needs AML Risk Assessments?
- Banks and Microfinance Institutions
- Payment Service Providers and FinTechs
- Law Firms, Real Estate Agencies, and Accountants
- NGOs, Foundations, and International Development Projects
- Casinos, Money Transfer Operators, and Traders
Strengthen Your AML Defenses with Expert Guidance
In today’s global regulatory environment, AML compliance is not optional—it is essential. With my expertise, your organization will be equipped to identify financial crime risks, stay compliant with evolving regulations, and operate with integrity.