AML focused private banking in SE Asia

Problem

A major private bank had AML concerns following the receipt of a large deposit from a new high net worth client.

Action

R2G launched a detailed source driven investigation into the subject to understand his background, sources of funding and political links and relationships.

Outcome

R2G findings revealed the subject to be very closely linked to political figures, raising serious questions about the source of the funds. The bank was able to initiate appropriate AML procedures and mitigate the potential regulatory fallout of holding illegal monies.