Financial Crime World

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Switzerland’s Financial Crime Data Analysis Experts Help Institutions Combat Financial Malpractice

Deloitte Switzerland has assembled a team of experts to help financial institutions combat financial crime issues. The team combines regulatory and investigative skills with advanced data analytics techniques to provide innovative solutions for clients grappling with financial crime problems.

Addressing the Growing Menace of Financial Crime

As global regulatory scrutiny intensifies, financial institutions in Switzerland are facing increasing pressure to respond to investigation requests related to money laundering, sanctions, bribery and corruption, fraud, cross-border taxation, competition and pricing regulations, among others. Deloitte’s experts understand the complexities of these issues and can provide tailored support to help clients navigate the challenges.

Deloitte’s Expertise in Financial Crime Prevention

The team’s expertise extends to:

  • Assessing current state and gap analysis against regulatory requirements
  • Developing financial crime prevention strategies
  • Conducting due diligence and remediation
  • Providing lookbacks and continual improvements

Their approach is underpinned by a methodology-driven and technology-supported framework that ensures successful outcomes.

Case Study: Tackling Complex Financial Crime Issues

A recent case study highlights Deloitte Switzerland’s capabilities in tackling complex financial crime issues. Following a policy amendment by regulatory authorities, a client was required to reclassify and repaper its customer accounts with exposure to the shipping industry. Deloitte established remediation teams in Switzerland, the Bahamas, and Singapore to prioritize efforts and conduct gap analysis and transaction reviews.

The outcome for the client included:

  • Globally-aligned KYC standards
  • Repapered accounts
  • Greater awareness of KYC and AML measures among front office staff

The structured approach established will enable future clean-up exercises.

Get Expert Guidance

Deloitte’s experts in Switzerland are available to provide guidance on financial crime strategy, assessment, and prevention. Contact:

  • Sven Probst, Lead Partner for Forensic in Switzerland
  • Nic Carrington, Partner in Deloitte’s Financial Advisory practice in Switzerland
  • Philipp Lüttmann, Partner in Forensic and Financial Advisory and head of the Swiss Sports Business Group
  • Uday Mehta, Partner leading the Financial Crime and Forensic Analytics team within the Forensic group in Zurich, Switzerland

For more information or to discuss your specific needs, please contact one of our experts above.