RMC Wise Ltd offers a range of services including but not limited to *Risk Management*, *Regulatory Compliance*, *Financial Services Consultancy*, *AML/CFT Compliance*, *Internal Audit*, and *Regulatory Reporting Services.*
Max Galea
SENIOR AML/CFT AND COMPLIANCE ASSOCIATE
Max Galea is a Senior AML and Compliance Associate at RMC Wise LTD with over 10 years experience in the financial services industry. He provides clients with assistance and advice on their regulatory compliance and AML-CFT obligations. As part of his role, Max acts as Compliance Officer and MLRO for a number of licenced entities, which includes drafting and implementing an effective risk-based Compliance Monitoring Programme and AML/CFT framework. He also advises the Board on regulatory matters to ensure compliance with applicable regulations.
Experience
Max started his career at one of the big four audit firms, working in the Company Administration Services Department as an Associate. Following his time at PwC, Max moved to a Super ManCo where he gained invaluable experience and insight in the regulatory world. He then moved on to become Head of Compliance and MRLO of two MiFID firms overseeing the Compliance and AML functions of these entities.
Educational Background
Max has a background in accounting and is currently sitting for the ACAMS to be a certified AML/CFT specialist.
Sectors of Specialisation
Asset Management and Funds
Company Service Providers and Trustees
Credit and Financial Institutions
Investment Services Firms
RMC WISE
FAQ'S
What services does RMC Wise Ltd provide?
What is Risk Management, and how does RMC Wise Ltd approach it?
Risk Management involves identifying, assessing, and prioritizing risks to minimize, monitor, and control the probability or impact of an event that may or may not have a negative outcome on the Company. RMC Wise tailors risk management solutions based on a thorough understanding of each client's risk profile, business model and overall objectives, offering services such as governance, policies & procedures, enterprise-wide risk assessments, outsourced risk management functions, and cyber risk support.
What is Regulatory Compliance, and why is it important?
Regulatory Compliance ensures that a business adheres to external rules and internal controls imposed by regulatory bodies. It aims to protect license holders and their clients, ensure fair and transparent markets, reduce systemic risk, and combat financial crime. The Compliance Function advises and assists personnel in complying with legal and regulatory obligations, regularly assessing the effectiveness of measures and procedures in place. This is done through the effective implementation of a risk-based Compliance Monitoring Programme (CMP).
How does RMC Wise Ltd assist with AML/CFT Compliance?
RMC Wise Ltd helps businesses meet their Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) obligations by providing services such as risk assessments, customer due diligence, ongoing monitoring, transaction reporting, and AML training. They assist firms in implementing robust frameworks to prevent financial crime and comply with regulatory requirements.
What Internal Audit services does RMC Wise Ltd offer?
RMC Wise Ltd provides independent Internal Audit services to its clients. Internal Audit is crucial for ensuring the efficiency, security, and compliance of an organization. It provides independent assurance that a company’s risk management, governance, and internal control processes are functioning effectively. Moreover, Internal Audits help identify weaknesses, improve operational efficiency, and ensure compliance with regulatory requirements, reducing the risk of fraud and financial mismanagement. Our services include reviewing compliance with regulatory requirements, evaluating operational risks, and offering recommendations for process improvements to ensure organizations operate efficiently and securely. This is done through the effective implementation of a risk-based Internal Audit Plan.
RMC WISE
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