COMPLIANCE_

CRESCO HELPS YOUR COMPANY UNDERSTAND AND MANAGE MONEY LAUNDERING RISKS WHILE KEEPING YOUR BUSINESS PROFITABLE_

CRESCO-control-devi

Devi Vijay

Consultant CRESCO Compliance

Businesses in the UAE need to factor in compliance risk in their assessments, and CRESCO gives them the tools to do this.

CRESCO offers its customers a comprehensive solution that will help minimize money-laundering risks, while being closely tailored to the size, activities, and existing processes of their business.

Today, awareness of money laundering and terrorist financing risks is an asset that businesses can use to set themselves apart from their competitors and to reduce their exposure to these hazards. 

By applying the same prevention principles as financial institutions CRESCO can effectively bring its customers’ processes in line with international standards.

CRESCO Compliance uses, among others, the WorldCheck and MEcheck database for its KYC​​​.

THE SERVICES_

Risk Analysis_

CRESCO studies the risks the customer is exposed to given its clients, products, jurisdictions, and existing procedures.

Design of Policies and Procedures_

CRESCO puts in place the policies and procedures required by public authorities to manage compliance risk, and does so without causing any significant disruption to the customer’s business.

Training_

CRESCO trains staff and management so they understand what money laundering is, how it happens, and how to prevent it.

Customer Screening_

CRESCO helps its customers run know-your-client assessments on prospective clients in order to identify their risk profiles.

CRESCO - Excellence as Attitude