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Compliance Services

Secure your business activities with our compliance services. We help you reliably meet regulatory requirements in Malta and minimize risks.

Compliance Services - What you need to know

In business, trust and credibility are essential. It is therefore important to know the counterparties you do business with well. This is done as part of the Know-Your-Customer (KYC) process and Customer Due Diligence. These requirements are especially relevant for licensed companies. DW&P Dr. Werner & Partner offers the necessary tools and expertise to conduct comprehensive background checks on companies and individuals. Our service includes checks against a variety of databases, including Crimewatch and sanctions lists, as well as support from professional analysts for ad-hoc screenings. This not only serves security but also fulfills legal requirements according to the latest AML/CFT legislation and GDPR regulations.

Who Benefits from Our Services

Our compliance services are aimed at a wide range of clients conducting relevant business activities. Our clients include:

Companies and business owners: All who are active in business and must meet compliance requirements.
Auditors and accountants: Those who take on new clients and must ensure their compliance.
Real estate agents: Those who complete property sales or leases.
Notaries and legal experts: Those involved in the purchase/sale of real estate, managing client funds, and setting up companies, trusts, and foundations.
Nominee companies: Those offering nominee services.
Gaming companies: Those subject to the strict requirements of gaming licensing.
Financial service providers: Such as banks, securities firms, VFA agents, and insurance companies.

What our service includes

Our compliance service includes a comprehensive range of services to ensure that all local AML obligations are met:

Sanctions list checks: Screening shareholders, directors, and company entities against sanctions lists.
Investigations: Checking for negative information about shareholders, board members, and company entities.
PEP Analysis: Checking if a board member or shareholder is considered a politically exposed person (PEP) and advising on dealing with PEPs.
Country/jurisdiction risk assessment: Analyzing the risk related to the business case.
Document verification: Checking identification documents for tampering or forgery.
Source of funds and wealth: Collecting and analyzing relevant information.
AML Advice: General advice on complying with local anti-money laundering laws and regulations.
Risk assessment: General risk assessment of a transaction or business relationship.
Transaction monitoring: Advice on monitoring transactions and identifying suspicious activities.

Why DW&P

DW&P Dr. Werner & Partner stands out for its extensive knowledge and long-standing experience in regulatory, compliance, legal, and AML fields. Our highly qualified team constantly keeps up to date with all regulatory news and developments to ensure our clients receive compliant advice and services. We have access to numerous screening databases, providing thorough checks of sanctioned persons, PEPs, as well as natural and legal persons with negative reporting. Our adherence to local AML laws, derived from the 5th Anti-Money Laundering Directive of the European Union, guarantees a European gold standard of AML compliance. Trust DW&P Dr. Werner & Partner to professionally and reliably meet your compliance requirements.

Frequently asked questions about Compliance Services

How does DW&P Dr. Werner & Partner support compliance with regulations?

We offer comprehensive support in complying with regulations, including monitoring legal changes, preparing and submitting reports, and training your employees on relevant regulations. Our goal is to ensure that your company meets all legal requirements and minimizes potential risks.

How can I minimize the compliance burden for my company?

By implementing effective compliance management systems and using modern technology, you can significantly reduce the effort involved. We help you develop customized solutions that meet your company’s specific requirements and offer continuous support to ensure you remain compliant.

How can I ensure that my employees understand and comply with the regulations?

Training and regular education are crucial to ensure that your employees understand and comply with the regulations. We offer tailored training programs designed to meet the specific needs of your company, ensuring that all employees are informed about the latest legal requirements.

Can DW&P Dr. Werner & Partner assist with specific compliance issues for my industry?

Yes, our team has extensive experience in various industries and can assist you with specific compliance questions. We offer industry-specific advice and solutions to ensure that your company complies with all relevant regulations. No matter which industry you are in, we can help you overcome compliance challenges and minimize risks.

Are you looking for a partner for compliance audits?

Schedule a free initial consultation now.

Compliance Services - Our service

PEP Analysis

Check if a person is considered a politically exposed person (PEP).

Risk Assessment

General risk assessment of a transaction or business relationship.

AML Compliance Advice

Advice on complying with all local anti-money laundering laws and regulations.

Source of Funds Verification

Collection and analysis of the source of funds and wealth.

Document Verification

Analysis and verification of identification documents for tampering.

Transaction Monitoring

Advice on monitoring and identifying suspicious transactions.

Risk Assessment

General risk assessment of a transaction or business relationship.

What our clients say about us

I can highly recommend DW&P due to the professionalism of the people hired by DW&P, the right approach to clients, the qualified staff and the in-depth knowledge in a wide range of sectors.

Since 2005 we have been working together in a very close and friendly business relationship. We can only recommend DW&P as a competitive, service-oriented partner we can rely on.

I feel I am in very good hands with DW&P, and - just from a technical point of view - their know-how has already saved me a lot of time and money. Five stars, all thumbs up!

The team is overwhelmingly friendly and available almost 24/7. I would definitely recommend DW&P to others.

DW&P in four words? Fast, transparent, inexpensive and efficient. Very efficient. Thank you Phillip and thank you Jörg for six years of successful cooperation!

I particularly value the confidential, almost family-like relationship, in which all the pitfalls could be successfully avoided together. This creates sustainability in the business relationships over the years. Dr. Werner & Partners - a holistic care model that fully delivers what it promises!

DW&P stands out for me especially because of the uncomplicated communication, transparent and fair price structure paired with high professional competence, which I have not found a second time in this combination.

Compliance Services - Your contact persons

Compliance Officer

Julian Sammut

Compliance Associate

Diane Degabriele

Compliance Associate

Albert Block

Our process at a glance

Step 01

Initial consultation

Analysis of your requirements and creation of a compliance plan.

Always free of charge.

Step 02

Document Collection

Collection and review of all required documents.

Step 03

Compliance Advice

Advice on all necessary steps for complying with AML regulations.

Step 04

Report Preparation

Preparation of a detailed report with recommendations and actions.

Step 05

Ongoing support

Continuous monitoring and support in complying with regulations.

Do you have any questions?

Schedule a free initial consultation now.

Blogposts about Compliance Services

Payroll Processing and Compliance in Malta: Key Aspects and Regulations

In today’s dynamic business landscape, where efficiency and accuracy hold the key to success, payroll processing emerges as a critical function for any organization. Compliance...

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An article from Valentina Stojanovic

Understanding AML Compliance for Cryptocurrency Transactions

Before we delve into the notion of Anti-Money Laundering (AML) Compliance for Cryptocurrency Transactions, we first need to define what constitutes a cryptocurrency transaction. A...

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An article from Malcolm Wallbank

Malta’s Removal from the FATF Grey List

Malta’s inclusion on the Financial Action Task Force (FATF)’s list of Jurisdictions under Increased Monitoring (also known as they ‘grey list’) in June 2021 raised...

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An article from Malcolm Wallbank

DW&P Dr. Werner & Partners. One of leading tax & law firms in Malta.

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