Exiger works with clients to coordinate global governance models and controls as well as implement the processes necessary to assure compliance is aligned with current and potential regulatory and business challenges. Exiger helps clients develop and incorporate sustainable compliance improvements that will adapt over time as their businesses and regulatory regimes evolve.

Compliance Program Design Image

Expertise

Exiger has extensive experience examining and evaluating policies and procedures that drive global compliance programs relating to Anti-Money Laundering, Sanctions, and Anti-Bribery and Corruption. Exiger focuses on the position of its clients’ regulatory and financial crimes compliance organizations within their global businesses, their internal organizational structure, and the relationships between compliance with global business lines and functions. Exiger addresses the adequacy of resources, including funding, personnel, and expertise allocated by its clients to their regulatory and financial crimes compliance programs. Once compliance programs are in place, Exiger helps clients test their programs to identify potential weaknesses or deficiencies in program design, implementation, management and monitoring.

Method

Exiger determines whether clients’ policies and procedures are informed by leading best practices and guidance and, where relevant, meet the requirements of laws including, but not limited to the:

  • US Bank Secrecy Act, as amended by the USA PATRIOT Act
  • FFIEC BSA/AML Examination Manual
  • EU Third Money Laundering Directive
  • UK Proceeds of Crime Act
  • UK Terrorism Act of 2000
  • UK Anti-Money Laundering Regulations
  • UK FCA Handbook
  • FATF guidance
  • FCPA and DOJ/SECs guidance 
  • UK Bribery Act and guidance
  • Securities Act of 1933 
  • Securities & Exchange Act of 1934

Approach

Exiger helps clients to identify:

  • Gaps or weaknesses in their compliance infrastructure and operations that may inhibit or undermine their ability to detect and prevent future violations of anti-corruption and financial crime regulations
  • Enhancements to their compliance infrastructure or operations that would better equip them to meet global legal and regulatory obligations
  • Planned allocations of compliance resources that reasonably address identified needs and volumes of work or whether additional or different means of allocating compliance resources would further enhance their ability to comply with laws and regulations and prevent future violations

Value and Benefit

Exiger's Compliance Program Design helps clients to:

  • Comply with local and global regulatory requirements in an efficient manner
  • Remediate gaps or weaknesses in their current compliance program
  • Identify enhancements to their compliance program that are appropriate and meet best practices