Pre-Licensing Compliance Setup

Before a regulator will grant you a licence, they want to see that your compliance function is not just planned but built. That means documented policies, a completed risk assessment, a governance framework, a training plan and operational procedures, all tailored to your proposed activities and ready for scrutiny.

The complete pre-licensing package

• Full AML/CFT compliance manual aligned with the relevant regulatory framework
• Business-wide risk assessment covering your proposed activities, customer types, products and jurisdictions
• Governance framework with defined roles, responsibilities and reporting lines
• Board and management reporting templates
• Compliance monitoring plan and testing schedule
• Staff training plan and initial training delivery
• Operational procedures for onboarding, ongoing monitoring and suspicious activity reporting
• Sanctions screening and PEP management procedures

The package is designed to satisfy the regulator during the application process and then convert seamlessly into your live compliance function once the licence is granted. This is not a set of templates that sits on a shelf. It is a working compliance programme.

This service often leads to an ongoing fractional MLRO or outsourced compliance officer appointment post-licence, giving you continuity from application through to live operations.