Financial Compliance & AML Services
European financial institutions face one of the most complex regulatory environments in the world. From AML programs and DORA compliance to MiFID II reporting, we help you meet every obligation and pass regulatory audits with confidence.
Our Financial Compliance Services
AML / KYC Programs
Anti-money laundering and know-your-customer programs aligned with the 6th EU AML Directive and national transposition laws.
DORA Compliance
ICT risk management, resilience testing, and incident reporting under the Digital Operational Resilience Act.
MiFID II / MiFIR Compliance
Transaction reporting, trading transparency, and investor protection under Markets in Financial Instruments requirements.
PSD2 & Payment Services
Payment Services Directive compliance, strong customer authentication, and consumer protection for payment providers.
CRD VI / CRR III
Capital requirements, risk weighting, and regulatory reporting for banks and credit institutions.
Solvency II for Insurers
Risk management, capital requirements, and governance structures for insurance companies.
What Happens Without Financial Compliance?
Financial regulators across the EU enforce strict oversight — the consequences of non-compliance are severe:
Financial Penalties
AML violations: fines up to €5M or 10% of annual turnover. DORA non-compliance: penalties per national law. MiFID II: license suspension.
License Revocation
Regulators can revoke operating licenses for financial institutions that systematically breach regulatory requirements.
Personal Liability
AML legislation provides for administrative liability for responsible persons who fail to implement anti-money laundering measures. For actual money laundering, criminal sanctions including imprisonment apply.
Reputational Damage
Public regulatory enforcement actions, inclusion on non-compliance lists, and loss of client and partner trust in competitive markets.
Key Regulations for Financial Institutions
European financial institutions must comply with dozens of EU and national regulations. These are the most critical ones we help you navigate.
AML & Anti-Money Laundering
- 6th EU Anti-Money Laundering Directive (AMLD6)
- Institutional money laundering risk assessments
- KYC — customer due diligence and beneficial ownership
- Suspicious transaction reporting to financial intelligence units
DORA & Digital Resilience
- ICT risk management and security policies
- Digital operational resilience testing (TLPT)
- ICT incident reporting within 72 hours
- Third-party ICT provider risk management
MiFID II & Investor Protection
- Transaction reporting to competent authorities
- Investor protection and product suitability
- Fee and cost transparency requirements
- Organizational requirements and conflict of interest management
How We Deliver Financial Compliance
Regulatory Analysis & Obligation Mapping
We identify all applicable EU and national regulations for your institution — AML, DORA, MiFID II, PSD2, CRD VI, Solvency II. We map obligations specific to your type of financial activity and regulatory requirements.
Compliance Gap Assessment
We analyze the current state of your policies, procedures, and controls. We identify gaps against regulatory requirements and prioritize remediation by risk level.
Compliance Measures Implementation
We develop AML policies and procedures, DORA ICT risk frameworks, MiFID II reporting processes. We train staff and establish documentation systems for regulatory audits.
Ongoing Monitoring & Support
Regular compliance reviews, updates on new regulations and regulatory guidance, AML control testing, and support for regulator communications.
Frequently Asked Questions About Financial Compliance
DORA (Digital Operational Resilience Act) is an EU regulation requiring financial institutions to strengthen ICT security and operational resilience. It applies from January 17, 2025, to banks, insurers, investment firms, payment institutions, and other financial entities across the EU.
An AML program includes: money laundering risk assessment at the institutional level, KYC policies and customer due diligence procedures, continuous transaction monitoring, suspicious transaction reporting to financial intelligence units, employee training, and regular internal program audits.
MiFID II requires detailed reporting of all transactions in financial instruments to competent authorities. This includes data on instruments, quantity, price, timing, and counterparties, with a reporting deadline by the end of the next working day. Investment firms must also ensure fee transparency and product suitability for clients.
AML compliance failures can result in administrative fines up to €5M or 10% of annual turnover for financial institutions. For responsible persons, administrative penalties apply. Criminal liability including imprisonment applies to actual money laundering offences. Regulators can also revoke operating licenses and publish enforcement actions publicly.
KYC (Know Your Customer) is the process of identifying and verifying client identity, beneficial ownership, and business relationships. It is mandatory for all financial institutions before establishing a business relationship. Due diligence levels: simplified, standard, and enhanced — depending on the client's risk profile.
DORA is specific to the financial sector and more detailed than NIS2. While NIS2 sets general cybersecurity requirements for 18 sectors, DORA prescribes specific ICT requirements for financial institutions: ICT risk management, resilience testing (TLPT), incident reporting, and third-party ICT provider management. Financial institutions must comply with DORA.
Yes. EU AML directives and national transposition laws require appointment of a compliance officer (and deputy) responsible for implementing AML measures. The compliance officer must have appropriate authority, access to relevant information, and regular training. For smaller institutions, external experts can fill this role.
PSD2 requires: strong customer authentication (SCA) for electronic transactions, account access for third parties (open banking), fee transparency, and consumer protection for payment service users. National central banks supervise compliance of payment institutions and payment service providers.
Vision Compliance provides compliance advisory services for financial regulations but does not provide financial advisory, investment advisory, or asset management services. We focus exclusively on regulatory compliance — helping financial institutions meet their legal obligations.
Timeline depends on the regulation and your current state. AML program: 4-8 weeks for core measures. DORA compliance: 2-4 months for ICT framework and testing. MiFID II reporting: 3-6 weeks for process setup. We start immediately with critical gaps and high-priority regulatory requirements.
Learn More About Financial Compliance
Industries we serve
Secure Your Financial Compliance
Free initial meeting to assess your compliance with AML, DORA, MiFID II, and other financial regulations. We start immediately.