Banks · SACCOs · Microfinance · Payment providers
Bank and institution compliance
Virtual asset exposure reaches conventional financial institutions through their customers long before it appears on their own balance sheet. Most existing financial crime teams are not yet equipped to see it.
A bank does not need to touch cryptocurrency to carry cryptocurrency risk. It arrives through customers who trade, through businesses whose revenue originates on-chain, and through payment flows whose true source is two steps removed from anything the bank can see.
Financial crime teams in this region are generally strong on conventional typologies and have had little reason to build virtual asset capability. That gap is now a supervisory question as well as a risk question.
What this includes
- Institutional risk assessment for virtual asset exposure, direct and indirect
- Screening and exposure analysis on counterparties and customer flows
- Policy and procedure drafting that fits your existing financial crime framework
- Enhanced due diligence support on customers with significant on-chain activity
- Investigation support when a specific flow needs to be understood properly
- Training that builds capability inside the team you already have
How it runs
We start from your existing framework rather than proposing a parallel one, because a virtual asset annex that nobody reads is worse than nothing. The assessment identifies where crypto risk actually enters your institution, and the remediation is written into the processes your analysts already follow.
What you receive
- A risk assessment specific to your customer base and products
- Procedures integrated into your existing financial crime framework
- A trained team able to handle routine cases without external support
- An escalation route to us for the cases that are not routine
Worth knowing
The most common finding we deliver is not that an institution has crypto exposure it did not know about. It is that the exposure was visible all along and nobody had the vocabulary to describe it in a report.
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