Money laundering is the process by which criminal proceeds / owners of these funds are concealed in a manner so as to make it appear that these funds are obtained from legitimate sources. Most common way to launder money is to circulate the money several times through different channels, different bank accounts and using different transactions amounts such that it leaves a complex money trail and makes it very difficult to trace the origin of the money. Challenges for Banks and other financial institutions is to remain a step ahead of these Money Launderers and to ensure that incase such transactions do take place, these are promptly identified and necessary action taken immediately.

Foreign Exchange (FX) Risk Advisory

Microfinance Advisory

Riskpro addresses most ISO 31000 implementations in phases depending upon the Risk Management maturity of our clients. Our experience indicates that most organisations in India fall short of a well defined and mature risk management framework and these organisations can greatly benefit even if they implement foundational aspects of ISO 31000.