HIT THE GROUND RUNNING IN GERMANY – OUTSOURCING MLRO + COMPLIANCE OFFICER to Germany
We offer competitive outsourcing packages for companies, asset managers and banks seeking outsourcing solutions in Germany. In Germany it is a requirement by law to have one MLRO (Money Laundering Reporting Officer) and one deputy MLRO. Our target is to establish for you a tailored audit-proof risk management for the prevention of risk management and CFT. Our outsourcing MLRO arrangements include the following:
To ensure the required compliance systems and processes are in place for the prevention of money laundering and CFT we have summarised for you the 16 legal obligations that need to be implemented within a MLRO outsourcing solution:
Investment firms as well as branches located in Germany and branches of investment firms domiciled in Germany.
FinTechs pursuant to the German Banking Act (Kreditwesengesetz), and branches located in Germany and branches of credit institutions with their registered office in Germany.
Payment institutions and electronic money firms pursuant to the Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz) and branches located in Germany and branches of comparable institutions located in Germany.
Capital management firms pursuant to the Capital Investment Act (Kapitalanlagegesetzbuch), branches of EU management firms and foreign AIF management firms located in Germany.
Custody, the administration and the safeguarding of crypto securities or private cryptographic keys used to hold, store or dispose of crypto securities for others, as well as the safeguarding of private cryptographic keys.
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If you are under 16 and wish to give consent to optional services, you must ask your legal guardians for permission. We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience. Personal data may be processed (e.g. IP addresses), for example for personalized ads and content or ad and content measurement. You can find more information about the use of your data in our privacy policy. Some services process personal data in the USA. With your consent to use these services, you also consent to the processing of your data in the USA pursuant to Art. 49 (1) lit. a GDPR. The ECJ classifies the USA as a country with insufficient data protection according to EU standards. For example, there is a risk that U.S. authorities will process personal data in surveillance programs without any existing possibility of legal action for Europeans. Here you will find an overview of all cookies used. You can give your consent to whole categories or display further information and select certain cookies.