The AML/CTF Services Department: Your reliable partner in maintaining financial security

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In today’s world, where financial risks and threats are becoming increasingly complex, ensuring the security and reliability of financial operations is critically important. We in Manimama specialize in providing high-quality services in combating money laundering (AML) and the financing of terrorism (CFT), helping clients to comply with regulatory requirements, minimize risk and raise understanding of AML/CFT among the client’s employees.

We have started a series of posts and articles to help you better understand who we are and what we do. Today, we will tell you in detail about the AML/CTF Services Department, its team, services, and purpose to emphasize why MANIMAMA can be your key partner in achieving success.

About the AML/CTF Services Department 

MANIMAMA is pleased to introduce to our audience an important part of our team that helps our clients monitor and minimize financial risks – the AML/CTF Services Department. In the early stages of our company’s activity, almost all employees were involved in this area. However, with the development and expansion of our functionality, these services became the responsibility of a separate unit. This decision has led to the successful development of not only the company, but also the department team as a whole, which currently stands out for its outstanding expertise and professionalism in this field.

What about the Department’s team?

Currently, the core team consists of three amazingly talented and skilled lawyers of our company: Valerii Katurga, (Lawyer), Yuliia Lupanova (Lawyer), Yuliia Dmytryk (Junior Lawyer), Polina Martyniuk (Junior Lawyer), and our CEO Ganna Voievodina, who dedicates herself to each project and tries to give the best. 

Ganna Voevodina is a certified specialist in the field of AML. Also, her experience includes more than 10 years of work with banking institutions in the USA, Ukraine, EU and Asia. She is successful in opening any accounts for high-risk clients, conducting transactions with an average check of several million euros without negative regulatory and tax consequences for the client. It is the vast practical experience of working with financial transactions and cryptocurrency payments that allows her to make the right decisions in the field of AML.

Valerii Katurga is a Head of the AML/CTF Services Department. He has been working at Manimama for 2 years, providing reliable legal services and striving to meet the needs of clients. Valerii has expertise in various legal areas, including corporate law, AML, cryptocurrency licensing, tax law, and intellectual property law. He constantly strives to develop and improve his skills in the most difficult conditions of legal regulation of cryptocurrency.

Yuliia Lupanova is a self-motivated lawyer with three years of experience. She has been involved in court representation, public procurement, contractual activities and legal advice in various areas of law, and has knowledge and skills in the field of corruption prevention. The experience she has gained over the years allows her to do her job effectively and cope with her tasks efficiently. Yulia’s main functional responsibilities include drafting various policies and documents for our Clients, conducting detailed legal research in various areas (company registration, AML/CFT legislation, crypto regulation, etc.).

Yuliia Dmytryk is a talented and ambitious lawyer who recently joined the team and has made significant progress and achieved good results. She has valuable experience as a financial and banking analyst. Over the past two years, she has worked as a paralegal and has acquired strong legal skills and a wealth of useful knowledge. Yulia also speaks English and German at a C1 level.

Polina Martyniuk is a lawyer who recently joined the firm. She has already proven to be a disciplined and diligent professional. For the past two years, she has been working as a lawyer in the sphere of trade and foreign economic transactions. Additionally, she has been actively involved in litigation support, which has significantly developed her skills in procedural law. Advocacy is also an important experience of her career.

Our employees have not only achieved significant success in their professional activities but also continue to improve their knowledge and skills, following the latest trends in legislation and legal practice. Thanks to their dedication, hard work, and unrivaled expertise, they have established themselves as reliable and highly qualified specialists in their field.

So what do we do?

Our services consist of the following:

  1. Creating AML/CFT Documentation Kits which comply with regulatory requirements – Anyone involved in financial transactions or activities that could be used for money laundering or terrorist financing should have AML/CFT documentation in place to ensure compliance and reduce the risks associated with financial crime. We offer comprehensive AML/CFT documentation kits tailored to meet the regulatory requirements for all obligated entities. 
  2. Creation and implementation of KYC procedures – these are processes that organizations use to identify and verify the identity of their customers before they can use their products and services. It is an important part of the control and security framework in financial institutions and other organizations that handle financial transactions.
  3. Finding, connecting, and configuring KYC/KYB/KYT providers – these are systems that help organizations comply with AML/CTF regulations. They provide tools to detect and prevent illicit financial transactions. We create identification structures and, as part of their development, identify providers that meet the client’s needs. Our team also connects these providers directly and concludes contracts between them.
  4. AML Officer recruitment – this employee is responsible for developing, implementing, and monitoring policies and procedures to prevent money laundering and terrorist financing. This person plays a key role in ensuring that an organization complies with regulatory and legal requirements. In the process of finding a true specialist, we review AML Officer CVs, conduct interviews, select the best candidates at the client’s request, and assist in the registration of AML Officers – drafting employment contracts and supporting documents.
  5. Carrying out other AML/CFT related work as may be required by the client – this includes the creation of individual documentation for specific conditions, expert consultations on sanctions compliance, risk assessment of business operations and clients, formulation of sanctions.compliance policies, and implementation of specialized software and hardware for automated sanction screening.

Some of our successful projects include cooperation with companies such as  001k.bot, Kuna, WELD and Simple App , for which we have developed individual AML/CFT documentation and helped to ensure not only a stable financial environment but also to avoid undesirable consequences associated with non-compliance with regulatory requirements in this area. 

About our goals

We are dedicated to ongoing progress, and thus our primary aims for efficient functioning encompass:

  • Ongoing support and efficient work for our customers.
  • Implementation of all innovations and updating of policies in accordance with the MiCA Directive.
  • Ongoing monitoring of regulatory changes and timely adaptation.
  • Implementation of new regulatory requirements into internal policies and procedures.
  • Create and update AML policies and procedures for our clients to ensure compliance with current regulatory requirements.
  • Implementing effective KYC procedures for clients.
  • Providing full legal support during and beyond regulatory interactions.
  • Developing individual policies and procedures for each client, taking into account the specifics of their activities.
  • Ensure that all processes and procedures are documented to maintain high standards of work.
  • Ongoing analysis of AML and KYC legislation and case law.

What challenges lie ahead and how do we plan to cope with them?

AML/CFT legislation is constantly changing. As a result, companies must continually update their policies and procedures to meet new requirements and standards. Our job is not just to keep up with these changes, but to stay ahead of them.

We effectively monitor changes in legislation, study them in detail, develop ourselves, deepen our knowledge, and analyze court practice. This enables us to provide our clients with the most up-to-date information and advice. We actively engage with regulators and other professional bodies to ensure we have access to the latest information and understand how best to implement these changes in our business.

About our way to working with clients and why us

What are the benefits for clients who choose our AML/CFT services?

  • Individual approach – we provide customized solutions that consider each client’s specific business, industry, and size. 
  • Legal expertise – our extensive legal research ensures that clients receive comprehensive information and highly qualified advice on various legal matters. 
  • AML documentation – we offer complete development of anti-money laundering (AML) documentation, including policies, procedures, and internal controls to ensure compliance with international standards and regulatory requirements. 
  • KYC procedures – our team develops and implements Know Your Customer procedures to identify and verify customers, reducing the risk of fraud and financial crime.
  • We ensure that our clients’ activities fully comply with current legal and regulatory requirements.
  • We assist in the search, selection, and recruitment of qualified AML officers to meet the needs of a particular business.
  • We conduct detailed AML compliance audits, identify and remediate any deficiencies, and ensure that policies and procedures are regularly updated in line with changes in legislation and best practices.
  • We are ready to adapt quickly to changes in client, market, and regulatory requirements, enabling us to respond to new challenges.

How do we maintain the quality of our services?

We recognize that our clients rely on us for critical aspects of their business, so we work hard to meet and exceed their expectations. We ensure the quality of our services by:

  • A young, professional team that is constantly growing, developing, updating, and improving its skills and knowledge in line with the latest changes in legislation, as well as upgrading its qualifications.
  • We adhere to international standards – we constantly monitor changes in international standards and regulatory requirements and promptly adapt our processes and procedures.
  • We collect and analyze feedback from our customers to assess their satisfaction with our services. We use this information to improve and optimize our services. In addition, we are always open to suggestions and feedback from our customers, which helps us to continually improve and adapt to your needs.
  • We constantly analyze the effectiveness of our processes and identify opportunities for improvement. We implement best practices and innovative solutions to enhance the quality of our services.
  • We regularly update our policies and procedures in line with changes in legislation and new industry standards.

In conclusion

Through our highly skilled team, use of advanced technology, adherence to international standards, client feedback, continuous process improvement, and standardization, we ensure the highest quality of service. As a result, our clients can be confident that they are meeting legal and regulatory requirements and can focus on growing their business rather than worrying about compliance in different jurisdictions.

Our department is constantly evolving and looking for a highly skilled team, advanced technology, adherence to international standards, client feedback, continuous process improvement, and standardization to ensure the highest quality of service. This allows our clients to be confident that they are complying with legal and regulatory requirements, enabling them to focus on growing their business instead of worrying about compliance in different jurisdictions.

We value our clients’ trust and are committed to providing the highest quality of service at all times.Your success is our number one priority!

For more information

We invite you to follow our future posts where we will continue to tell you about our company, its founders, services, and values. We believe that you will find useful information and new opportunities for cooperation.

We are grateful for your attention and invite you to further communication. Our mission is to help you realize your most ambitious projects, and we are always ready to support you every step of the way. Stay with us and see you soon in the next articles!

Our contacts

If you want to become our client or partner, feel free to contact us at support@manimama.eu.

Or use our telegram @manimama_sales and we will respond to your inquiry.

We also invite you to visit our website: https://manimama.eu/.