Uganda Anti-Money Laundering Law took effect July 2013.  The law was formulated to deter money laundering, safe guard financial order and crack down on related crimes.  The financial services sector, in particular, faces significant reputation and regulatory risk should it be deemed to have inadequate arrangements to prevent money laundering.

We assist with the development of compliant but cost-effective processes and controls to protect against financial crime risk, including fraud, money laundering and market abuse.

Potential AML issues where we can be of help;

• You want to enhance the effectiveness and cost efficiency of your anti-money laundering and financial crime processes;
• You have uncovered an incidence of suspected money laundering;
• You are under review by a regulator; and
• You want to ensure that you are in compliance with anti-money laundering and other financial crime regulations.

Drawing upon our broad range of expertise, including specialists in AML compliance, financial crime, transaction monitoring tools, data management and customer relationship management, we can assist you with:

• Having a program in place to ensure you are compliant, with AML and financial crime regulations;
• Regulatory / KYC Advisory Services;
• AML Technology;
• Deliver enhanced efficiency and effectiveness of anti-money laundering processes through process redesign and assistance with implementing technology solutions;
• Assist you to effectively manage incidents that may create regulatory and reputation risks;
• Forensic review on suspected money laundering incidents; and AML training.

Insurance of property, products, people, and profits is a key component of corporate risk management.  As the global business environment grows increasingly complex, the effective handling of claims in disaster scenarios can be vital to protecting shareholder value.

Just as claimants sometimes believe that an insurance company will try to reduce the amount of the initial claim, so insurers are often concerned that an individual or business has exaggerated the amount of the claim, or has fabricated supporting documentation in the hope of achieving a favorable settlement.

We have experience in both claims preparation (on behalf of policyholders) and in claims review (on behalf of the insurer).  In all cases, we provide a balanced quantification based on reasonable assumptions and sound financial analysis.

Our team of insurance and forensic accounting experts can assist corporate clients, insurers, re-insurers, brokers and lawyers in the review, analysis and resolution of larger and more complex insurance claims.  Our portfolio of specialist services includes:

• Business interruption and property damage;
• Maximum Probable Loss (“MPL”) Studies
• Insurance litigation including subrogated claims;
• Product liability and recall;
• Personal injury and fatal accident;
• Professional indemnity and directors’ and officers’ liability;
• Construction risks;
• Fidelity and credit risks; and
• Information technology system risks.

Our team of professionals includes:

• Chartered insurance practitioners;
• Chartered loss adjusters;
• Qualified accountants;
• Qualified risk managers; and
• Chartered surveyors and engineers.

Therefore whether you are making a claim or are being asked to pay a claim, you need to understand the facts. What are the circumstances of the loss?  What does the policy cover?  What measures can be taken to mitigate the loss?  What loss has been incurred?

Our objective is to provide you with sufficient, relevant and reliable information to enable the claim to be properly managed to a successful conclusion. Whether policyholder or insurer, our clients expect to see their claims made promptly and professionally.  We help you identify issues and manage expectations with due regard to policy application, business dynamics and, not least, common sense.

Protecting an organization’s intellectual property (IP) is critical to its success. We combine financial, competitive and industry information with our in-depth understanding of intellectual property value to provide litigation support and damages quantification as well as intellectual property valuation, royalty compliance, licensing, and technology and intellectual property management and commercialization. Our experts also assist our clients with resolving a wide range of brand integrity issues through strategic brand protection, counterfeit and IP investigations.

Businesses are constantly looking for ways to improve their cash flow, but rights associated with intangible assets are often neglected. Licensing, franchising, supplier or distributor agreements are often very complex and non-compliance with the provisions of these agreements can have a direct impact on the bottom line. Over the life of a long-term agreement, the “revenue leakage” which may result in hundreds of thousands, and in some cases, millions in lost income.

We also act as an independent expert witness for organizations involved in intellectual property disputes. This usually requires an assessment of the quantum of damages flowing from the infringement of intellectual property rights, such as patents, copyright or design rights.

Our Services:

• Royalty & licensing management
• Contract compliance examinations
• Software licence compliance
• Software Asset Management (SAM)
• Rights management advisory
• Franchise agreement reviews
• Intellectual property disputes
• Revenue leakage
• Royalty system reviews

The Forensic Intelligence & Data Analytics team delivers strategic business solutions to clients requiring in-depth analysis of structured data to assist ongoing financial investigations with valuable intelligence. In cases of financial crime, such as fraud, we can help determine how such activity occurred and work to implement the appropriate safeguards to minimize the risk of recurrence. We can also assist with the recovery of assets lost to fraud by identifying those that may be linked to it.

As structured data systems are mission critical systems in today’s modern business environment, there is a considerable wealth of information that can be collected, preserved, analyzed and visualized for actionable forensic intelligence. We offer a range of advanced structured data analytics solutions used to monitor compliance, investigate fraud and mitigate the damage from fraudulent activities.

We deliver strategic business solutions to clients requiring in-depth analysis of large, disparate sets of financial, operational and transactional data. Our professionals – respected experts in technology, finance, forensic accounting and the law – map relationships among various systems and geographies, search for specific transactions, and uncover patterns that may signal fraudulent activity.

Our team relies upon a number of analytical software packages to join disparate data sets into a single repository, performs various analyses upon them, and identifies trends, patterns and outliers to detect fraud.

Forensic Options uses a number of skills and processes to aid in fraud detection across the enterprise, including:

• Identification of “red flags” to support the investigation of fraud
• Database intrusion and compromise analytics focused on log file parsing and the analysis of the actions of users within the systems
• PEP (Politically Exposed Persons) analysis: matching high-risk individuals against suppliers, customers, agents and employees, OFAC and sanction lists (SDN)
• High-risk payment analysis
• SWIFT message parsing for ease of review by counsel and clients to track the flow of funds between financial institutions
• Identification of evidence of the manipulation of system processes or programs to facilitate fraudulent activity