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    • Expert Anti Money Laundering (AML) Legal Services

    Expert Anti-Money Laundering Legal Services

    Navigating Compliance with Precision and Confidence.
    Home Services Expert Anti-Money Laundering (AML) Legal Services
    AML Legal Services by Industry Experts
    Under the Polish Anti-Money Laundering and Countering the Financing of Terrorism Act, entities such as banks, payment institutions, investment companies, and cryptocurrency exchanges must adhere to stringent AML regulations. However, many struggle with implementing these regulations effectively, facing challenges like risk identification, customer due diligence, reporting inefficiencies, and insufficient staff training.

    Our Law Firm, with its team of AML specialists, offers comprehensive services to address these issues. We provide tailored training and design robust internal procedures to help you meet statutory obligations and combat financial crimes. Let us help you turn compliance into a competitive advantage, fostering growth and trust in your operations.
    Top AML Products & Services
    to Ensure Compliance
    Our comprehensive AML training and compliance services are designed to enhance your organization’s adherence to AML regulations. By empowering your team with essential knowledge and skills, we help you implement robust internal controls and minimize risk. Our expert guidance ensures your company meets statutory requirements, boosting operational efficiency and safeguarding your business.
    Expert Anti Money Laundering (AML) Legal Services
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    Tailored AML Training Programs for Comprehensive Compliance
    We offer specialized training programs designed to help your team stay compliant with Anti-Money Laundering (AML) regulations. Our training is tailored to meet the needs of different groups within your organization, including:

    + Company Management
    + AML Officers
    + Employees

    The agenda for individual training courses varies slightly depending on the audience. However, the basic plan includes the following topics:
    1. The essence of AML obligations;
    2. Understanding risk analysis and its processes:
        2.1. Identifying risk factors
        2.2. Determining criteria for risk levels
        2.3. Implementing risk management approaches
        2.4. Making informed decisions
    3. Customer due diligence measures and their application
    4. Best practices for document retention and information protection
    5. Effective transaction reporting to avoid negative consequences from detected irregularities
    6. Strategies to maintain smooth company operations, including responsibilities for employee training
    7. Day-to-day AML management principles, including the use of internal procedures
    8. Procedures for anonymous reporting of violations.
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    Individualised Procedures
    Article 50 section 1) of the AML/CFT Law provides that: "obliged institutions shall put in place an internal procedure for the prevention of money laundering and terrorist financing”. The obliged institution's internal procedure shall be subject to ongoing review and - if necessary - update. The Law Firm offers a comprehensive preparation of such procedures, designing them for the individual needs of each entity, taking into account the internal structure and the industry in which it operates, taking into account the circle of clients and counterparties. As a result of using our Law Firm's services, the obliged institution receives a comprehensive and detailed document indicating the individual steps to ensure the legality of the activities within the company. We also offer a periodic review of procedures based on new factual circumstances regarding the company.
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    AML Compliance Audit
    Have you already implemented adequate AML measures, but are not sure whether your actions are sufficient to meet the statutory requirements?

    We offer a comprehensive audit to verify your internal procedures, documents, due diligence measures and risk analysis, resulting in a detailed report indicating whether and to what extent you are complying with your statutory obligations under AML laws.

    The report will include a recommendation for further action. In case of necessary support, in this respect (e.g. in the development of appropriate procedures), the Law Firm will provide its expert support.
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    Ongoing Support to AML/Compliance Officers
    Have you appointed a person in your company who is responsible for ensuring that your company's activities and employees comply with AML regulations?

    Rightly so, this is your duty as indicated in Article 8 of the Polish AML Act. On the other hand, you realize that the scope of such a person's duties, as well as his or her responsibilities, are very complex and demanding. Given that there is no requirement for this person to be a lawyer, we realize that he may face many challenges in applying and interpreting the various provisions of the law. For this reason, we offer ongoing support to the incumbent by providing advice, documents templates, reports and legal opinions as required on a day-to-day basis.
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    Your Benefits
    Ensuring robust Anti-Money Laundering (AML) compliance is critical for safeguarding your organization from legal and financial risks. Our comprehensive services offer essential benefits that enhance your operational integrity and market positioning. Explore how our solutions reduce risks associated with financial crime, mitigate financial penalties, improve your company’s AML proficiency, and manage higher-risk counterparties effectively.
    Reducing the Risks Associated with Financial Crime
    Our solutions provide the essential tools and knowledge to confidently prevent financial fraud and the circulation of illicit funds. By integrating our strategies, you become adept at identifying, countering, and preventing such activities. This significantly reduces the risk of legal implications or liability.
    Reducing the Risk of Incurring Financial Penalties
    Adhering to legal requirements with exceptional diligence mitigates the risk of facing monetary penalties for non-compliance. Penalties can reach up to EUR 1,000,000, and for certain institutions, fines may extend to EUR 5,000,000 or 10% of annual revenue. Thorough compliance efforts are essential to avoid these severe financial repercussions.
    A Well-Functioning AML Company
    Expertise in AML practices enhances your reputation as a trustworthy business partner and positions your company for growth. Proficiency in AML signals a commitment to secure and transparent operations, attracting potential partners and clients. Prioritizing AML competencies mitigates risks and sets your company apart in the market.
    Managing Higher-Risk Counterparties
    Identifying heightened AML risks in a partner's industry doesn't mean you must forgo profitable contracts. By implementing enhanced due diligence tailored to specific risks, you can manage these complexities effectively. This approach safeguards your business while maintaining valuable relationships, balancing opportunities with compliance.
    Explore Our Offer Details
    Experience Working with Us: Client Testimonials.
    What Do Clients Say About Working with Us?
    From the very beginning, our cooperation with Wołoszański & Partners was professional and focused on our needs. Thanks to the competencies and determination of the people taking care of our company, we have successfully managed to achieve the intended goals. We are glad that there are professionals such as Wołoszański & Partners that understand the specificities of the digital/e-commerce market and can address our needs and expectations.
    Mateusz Łukianiuk
    Country Manager at Admitad Poland
    (Partner Marketing Platform for Advertisers and Influencers)
    As KRESK Group, the owner of the SVR, Lazartigue and FILLMED brands operating in the dermocosmetics and aesthetic medicine sector, we have been cooperating with Wołoszański i Wspólnicy for several years. We rely on legal assistance in statutory matters and those relating to the day-to-day business operations. Thanks to the Law Firm's excellent knowledge of issues from various areas of law, pro-business approach, reacting in advance to the changing environment, reliability and timeliness we can be sure that our projects are in good hands. And the most important thing: Michał Wołoszański and his colleagues are the team of young, committed, dynamic people with open minds. We are very satisfied with the cooperation with the Law Firm and we recommend it with full conviction.
    Monika Nowak-Bartyzel
    General Manager Fillmed Polska
    I particularly value the fast and proactive support we gained by joining forces with the highly proficient team at Wołoszański & Partners. Having pooled resources and worked side by side with them for the past number of years, I am undoubtedly confident that I can count on their perception and understanding of the specifics of the market, our business strategy, and our objectives. When we team up in unison on projects, I genuinely believe they are part of our squad, and we can mutually rely on and confide in each other.
    Artur Szczepanski
    Senior Country Manager | International Business Division
    Hyundai Capital Europe GmbH
    As the CEO of Hyundai Motor Poland Sp. z o. o., I worked closely with the team at Wołoszański & Partners law firm for over 3,5 years. Their lawyers exhibit a strong sense of professionalism and are deeply knowledgeable about the automotive industry. The team integrated very well with our company, offering support to our management at all levels and aiding the efficient operation of our processes. When it came to international matters, they collaborated effectively with Hyundai headquarters and branches and demonstrated a keen understanding of cultural nuances.
    Young Jin Lee
    President & CEO of Hyundai Motor Poland Sp. z o.o.
    from 2020 to 2023