Compliance
Sanctions and Export Control
At Eddwise, we help businesses streamline compliance and minimize risk with our comprehensive solutions.
compliance with both U.S. and EU sanctions and export controls.
Our services are designed to address the specific needs of your organization and include:
Sanctions Compliance
Programs
We develop and implement robust compliance programs to ensure your organization operates within the boundaries of sanctions regulations. Our services include creating policies, procedures, and providing training to mitigate the risk of engaging in prohibited activities.
Export Control
Compliance
We help you understand and adhere to U.S. and EU export control regulations. Our experts provide guidance on export classifications, licensing requirements, screening procedures, and compliance assessments.
Compliance Audits
and Reviews
Our team performs thorough compliance audits and reviews to assess the effectiveness of your existing sanctions and export control programs. We provide actionable recommendations for improvement and assist in implementing necessary changes.
from legal and financial penalties through proactive and strategic compliance management.
AML / CFT Risk Management
Our AML/CFT compliance programs are designed to address the evolving landscape of financial crime. We assist in developing and implementing robust programs that meet the stringent requirements of OFAC, FATF, and other relevant standards.
We go beyond basic compliance. Eddwise offers comprehensive advisory services to support the success of your risk & compliance programs. This includes:
- Enterprise-wide risk management including risk assessment.
- Preparing for regulatory inspections & managing action plans.
- ‘Concierge’ support service to seek case-by-case advice from international partners.
- Risk & compliance policy reviews, gap analysis & impact assessment.
tailored to their unique business needs. Our goal is to ensure your compliance framework not only meets
regulatory standards but also strengthens your overall risk management capabilities. Our team of experts
reviews and enhances your existing programs, or develops new, comprehensive policies and procedures.
We specialize in helping our clients establish and maintain robust AML and sanctions compliance programs tailored to their unique business needs. Our goal is to ensure your compliance framework not only meets regulatory standards but also strengthens your overall risk management capabilities. Our team of experts reviews and enhances your existing programs, or develops new, comprehensive policies and procedures.
Key areas of focus include:
Customer Due
Diligence
Risk
Assessment
Transaction
Monitoring
Sanctions
Screening
financial crime, protect your reputation, and ensure regulatory compliance. Our focus is to empower
your business with the tools and expertise needed to mitigate risks, detect potential red flag,
and maintain a secure and trusted operating environment.
By partnering with Eddwise for AML/CFT risk management, you can strengthen your defenses against financial crime, protect your reputation, and ensure regulatory compliance. Our focus is to empower your business with the tools and expertise needed to mitigate risks, detect potential red flags, and maintain a secure and trusted operating environment.
License Assist
for businesses seeking licenses from the National Bank of Georgia (NBG), guiding you
through the process efficiently and minimizing delays.
Fast-track your entry into Georgia’s financial landscape with Eddwise. We are a trusted partner for businesses seeking licenses from the National Bank of Georgia (NBG), guiding you through the process efficiently and minimizing delays.
Unparalleled NBG Licensing Expertise:
Tailored
Approach
We meticulously assess your specific needs and the relevant NBG regulations to ensure a compliant application.
Application
Management
Our team takes the reins, handling the entire application process from start to finish from setting a clear action plan to liaising with NBG on your behalf.
Comprehensive
Support
We go beyond paperwork. We assist in developing robust risk management frameworks, and technology infrastructure that meet NBG’s stringent requirements.
Risk Management
Champions
Our experts collaborate with you to build a comprehensive risk management strategy that fulfills NBG’s AML (Anti Money Laundering) and sanctions control expectations.
Processing Solution
AML (Anti-Money Laundering) and sanctions compliance. We become an extension of
your team, providing customized solutions to manage critical tasks within your
risk management framework.
Streamline Your Operations:
Effortless
Onboarding
We handle complex customer onboarding, KYC (Know Your Customer), and periodic review processes, ensuring efficiency and regulatory adherence.
Remediation
Made Easy
We proactively manage changes in regulations, planning and conducting portfolio remediations to keep your compliance program up-to-date.
Backlog
Elimination
Our experts clear operational backlogs of risk alerts from transaction monitoring and name screening,
ensuring timely
resolution.
Enhanced Due Diligence
For transactions flagged
as high-risk, we
conduct in depth
due diligence to
make informed
decisions.
Proactive Portfolio Reviews
We go beyond basic
checks, conducting thematic
reviews to identify and investigate potential
risks within your
portfolio.
compliance processes. This reduces workloads and strengthens your risk management posture
allowing you to focus on core business activities with peace of mind knowing your program
remains compliant with evolving regulations.
Partnering with Eddwise frees up valuable resources by optimizing your AML/Sanctions compliance processes. This reduces workloads and strengthens your risk management posture, allowing you to focus on core business activities with peace of mind knowing your program remains compliant with evolving regulations.
Tech Therapy
designed to optimize your risk management processes and alleviate operational burdens for your team.
Don’t let outdated technology hinder your AML/CFT compliance efforts. Eddwise offers a suite of solutions designed to optimize your risk management processes and alleviate operational burdens for your team.
Optimize Risk Management
We leverage our “Technology Therapy” service to assess your existing technology stack. Think of it as a deep dive, identifying areas for improvement and maximizing its effectiveness for AML/CFT compliance. This ensures you’re getting the most out of your current technology investments.
Unlock Technology's Potential
Boost Efficiency & Reduce Costs
By maximizing the effectiveness of your technology, you can free up valuable resources within your team and potentially avoid unnecessary technology expenditures.
Let Eddwise help you unlock the power of technology for smarter and more efficient AML/CFT risk management.
Educational Services
risk awareness. Our educational services empower your organization to internalize AML/CFT and
Sanctions knowledge, creating a proactive and sustainable approach to financial crime prevention.
At Eddwise, we believe compliance isn’t just about following rules, it’s about building culture of risk awareness. Our educational services empower your organization to internalize AML/CFT and Sanctions knowledge, creating a proactive and sustainable approach to financial crime prevention.
Engaging and Effective Training
to your specific needs and risk profile. Our industry-expert trainers deliver
engaging and interactive sessions, ensuring your team:
Grasps the
Fundamentals
Learn about key topics like customer due diligence, transaction monitoring, sanctions screening, and suspicious activity reporting.
Adapts to Evolving
Threats
Understand the latest trends in financial crime.
Applies Knowledge
Effectively
Develops the skills to identify and mitigate risks, fostering a proactive approach to compliance.
training modules covering the AML/CFT and Sanctions landscape. These modules allow your team to:
Complementing our in-person training, Eddwise offers a comprehensive suite of online
training modules covering the AML/CFT and Sanctions landscape. These modules allow your team to:
Learn At Their
Own Pace
Choose from a diverse library of topics within the broader framework of Anti-Financial Crime (AFC).
Access Knowledge Anytime
and Anywhere
The online format offers flexibility for busy schedules and remote teams.
Reinforce
Understanding
Ongoing access to learning materials helps solidify knowledge retention over time.
together industry leaders, regulators, and compliance professionals to:
Furthermore, Eddwise offers unique educational and industry events & conferences. These events bring together industry leaders, regulators, and compliance professionals to:
Share Best
Practices
Learn from experienced peers and gain valuable insights.
Stay Current on
Regulations
Understand the latest regulatory updates and their impact on your organization.
Build A
Network
Connect with industry experts to foster collaboration and knowledge exchange.
and Sanctions compliance program.
By partnering with Eddwise, you invest in building a strong foundation for a resilient and adaptable AML/CFT and Sanctions compliance program.