GDPR Compliance and AML

The regulation on AML and Personal data protection is constantly changing (GDPR entered into force in May, Law on the Prevention of Money Laundering and Terrorism Financing has been amended several times since last year). Skrastiņš & Dzenis team provides consultations to and represents our clients at the regulatory authorities with regard to mandatory AML and Privacy policies and procedures. We seek to find solutions beneficial for both the client and the regulatory authority. We are capable of conducting GDPR gap assessment, as well as, we have broad experience in drafting Privacy policies, Privacy notices, as well as AML procedures regarding customer and transaction risk assessment for the various industries.