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ABM Global Compliance Canada

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Professional in Compliance and Banking-Solution

Who We Are?

We are the Professional in Compliance and Banking Solution

ABM Global Compliance Canada Limited, registered in Canada, is a distinguished member of ABM Consulting Group PLC, headquartered in London, UK. As an international Chartered Accountants & Financial Regulatory Compliance Consultants firm, we have traversed various phases of the business cycle, experiencing growth, expansion, apex, recession, recovery, and further expansion. With a diverse portfolio of over 250 clients worldwide, including listed firms, banks, capital market entities, consumer credit institutions, investment firms, fintech companies, and payment institutions, ABM Global Compliance stands as a reliable partner for comprehensive financial regulatory compliance solutions.

What We Offer?

Our Specialized Services

At ABM Global Compliance, we offer a range of primary services tailored to financial technology companies, banks, and financial institutions. Our expertise covers a spectrum of areas to ensure regulatory compliance, risk management, and strategic growth:

Global Expansion of Operations:

Strategic guidance for international business expansion.

Licensing Options for Financial Services Providers:

Bank and nonbank licensing options for traditional financial services providers.

Regulatory Strategies for Fintechs:

Evolving licensing options and regulatory strategies for fintechs and nonbank financial services providers.

Regulation Across Various Financial Activities:

Regulatory expertise in payments, broker-dealer, investment adviser, investment fund, derivatives, underwriting, insurance mediation, and other nonbanking activities.

Prudential Standards and Compliance:

Enhanced prudential standards, resolution planning, ring-fencing, consumer financial services, COVID-19 relief, AML, and internal systems and controls.

Transactional Experience and Regulatory Issues:

Transactional experience with new products and services, distribution arrangements, partnerships, client platform development, and other services involving regulatory issues.

Regulatory and Legislative Advocacy:

Advocacy for regulatory and legislative matters, including cross-border policy development.

Fintech Solutions:

Developing and advocating for fintech solutions.

Regulatory Capital Solutions:

Structured solutions to improve capital and liquidity ratios, manage the balance sheet effect of changing regulatory and accounting requirements.

Digitization and AI-Driven Solutions:

Incorporating digital processes, products, and services, including payments services. Adopting AI-driven regtech solutions.

Anti-Financial Crime Expertise:

• National and cross-border anti-financial crime risk assessments, remediation, and compliance with local and international regulations.
• AML/KYC/CIP/CDD/beneficial owner program development and oversight.
• Managing third-party vendor financial crimes risk/exposure.

Our Specialized Services

AML/KYC Solutions via FinTech Software:

• Compliance with AML/CFT regulations and laws.
• Identification of potential fraud and money laundering.
• Transaction monitoring and screening.
• Enforcement, investigation, and supervisory support.

Corporate Governance Advisory Services:

• Advisory services on corporate governance arrangements.
• Board size, directors' independency and qualifications, role of chairperson and managing director.
• Board meeting facilitation and formation of committees with executive and non-executive directors.
• Independence of the audit department.

Payment Institutions Compliance:

• License application assistance to FINTRAC.
• Registration with Bank of Canada
• Ongoing compliance support.
• Regulatory reporting, transaction monitoring, and risk assessment.
• External AML audit facilitation.

Corporate and Listed Firms Services:

• Corporate governance consulting.
• AML safety manual development.
• Risk assessment services.
• Regulatory reporting assistance.

Bank and Financial Institutions Services:

• AML/CFT training programs.
• AML search and transaction monitoring services.
• AML policy risk assessment.
• Strategic partnerships facilitation.
• Regulatory reporting support.
• External AML audit recommendations and facilitation.