RiskShield

Comsure Risk Shield, a unique and comprehensive solution, offers enhanced due diligence and remediation services tailored for the Trust Company Services Business (TCSB) sector. Our service is designed to effectively mitigate financial crime risk for clients and conduct thorough compliance checks, setting us apart in the industry. We aim to provide enhanced due diligence for TCSB clients and high-net-worth individuals, ensuring regulatory compliance and robust risk management.

We Can Provide

1. Project management services
2. Compliance dip test services
3. Other selected services

For an idea of what we do, please read on. If you do not see what you want, please get in touch with us and ask.  If we cannot help, we will know someone who can.

Project Management Options

• Full Team Deployment: We can provide a complete team to manage your compliance projects from start to finish.
• Hybrid Model: Work alongside your staff to offer expertise and support while maintaining your team’s involvement.
• Project Oversight: Provide oversight and guidance for your compliance projects to ensure they stay on track and meet regulatory standards.

Compliance Dip Test Services

• Spot Checks and Reviews: Conduct regular and random spot checks on high-risk clients to ensure compliance.
• Customer Due Diligence (CDD): Perform detailed CDD to verify clients' identity and risk level.
• Source of Wealth (SoW) and Payments: Verify the source of wealth and monitor payment activities for signs of money laundering.
• Tax Compliance: Ensure clients’ tax matters are in order and compliant with relevant regulations.
• Rationale and Oversight Reporting: Provide detailed reports on findings and recommend mitigating risks.

Other Selected Services

1. Client File Remediation: Comprehensive review and update of client files to ensure they meet current regulatory standards.
2. Gap Analysis: Identify and address existing compliance processes and documentation deficiencies.
3. Data Cleansing: Ensure accuracy and completeness of client data.
4. Regular Compliance Checks: Conduct annual reviews of client files and compliance processes to ensure adherence to regulatory requirements.
5. Risk Profiles: We regularly update client risk profiles based on new information or changes in client circumstances.
6. Initial and Ongoing Risk Assessments: Conduct thorough risk assessments of new and existing clients.
7. Enhanced Due Diligence (EDD): Provide in-depth analysis and EDD for higher-risk clients, including verification of source of wealth (SoW) and source of funds (SoF).

Why Choose Us?

• At Comsure Risk Shield, our team is our greatest asset. We are proud to have seasoned professionals with extensive experience in AML/CTF/CPF, compliance, and risk management. With our expertise, you can trust that your compliance needs are in good hands.
• At Comsure Risk Shield, we understand that each client is unique. We offer customised services to meet your needs, ensuring effective and efficient compliance.
• Partner with us at Comsure Risk Shield to safeguard your business and clients through rigorous compliance and enhanced due diligence processes. Your security is our priority.