Services
AML/CFT Audit – DNFBPs
I am available for AML/CFT limited assurance audits for DNFBPs (Phase 2 entities being Lawyers, Conveyancers, Accountants and Real Estate Agents).
Whether you are working as a sole practitioner / sole director or partner; or whether your firm is large with many employees; I am able to assist your firm with the AML/CFT audit.
I understand that this is a scary process for many firms. I would like to set your mind at ease in that I am very friendly and approachable, and I take a highly educational approach to the AML/CFT audits.
Please refer to the AML/CFT tab for further details.
AML/CFT Consultancy
I am able to assist with any AML/CFT queries or questions you may have.
If you are not sure whether your firm is conducting captured activities, or is captured by the AML/CFT Act as a DNFBP – I am here to assist.
Other services
Additionally, I am able to assist with the following:
- Assist lawyers who are applying to practice on their own account and wil be attending a Section 30 interview.
- Interviewing of trust acounting staff and skill testing.
- Assistance with training of trust accoutning staff.
- Implementation of a basic procedures manual (trust account) in line wiht the practices policies and procedures.
Trust account consultancy
- Firm/practice reviews in line with the Rules and Regulations.
- Assistance post NZLS review to attend to the issues that have been raised in the Review Report.
- Assistance with tidying up the firm pre-review by a NZLS Inspector i.e. a mini-review.
- Assistance provided if your firm has been referred to the Lawyers Complaints Service (LCS) for serious non-compliance breaches.
- General trust accounting advice.
- Assistance with monthly and quarterly trust account reconciliations and financial reporting.
- Month-end balancing on your trust account software.
- Review of the trust accounting ledgers (trust account, interest earning accounts) and reconciliation of ‘messy’ client ledgers.
- Assistance with dormant balances (we all hate these!).
- Trust account software evaluation.
- Guidance and assistance around the closure of a practice / merger.
- Assistance with new firm setups and trust accounting software.
- Investigation into fraudulent activities within the firm / trust account.
- One-off or regular compliance audits – comprehensive review of the firms adherance to the regulatory guidelines; produce a report of what internal controls are required to be implemented.
- Evaluation of internal controls to assess whether adequate separation of duties are in place.