Risk and Compliance
Dedicated to providing robust, consistent and sustainable risk and compliance solutions
Our Services
We provide support for financial services companies in Africa and the Middle East and in diaspora to leverage an effective and sustainable Anti Money Laundering (AML) and Fraud environment as a competitive advantage and driver of business growth. Contact us
Delivering lasting change
Why Kharis & Knoble
We pride ourselves on being flexible; we can tailor our services to what your business needs. We have subject matter experts in everything from regulatory compliance to financial crime prevention. We understand your culture together with your geographical location and how they impact your business activities. We know what your peers are doing, and we know what the regulator expects so we can give you complete peace of mind when it comes to governance, risk management and compliance solutions.
What sets us apart
Our Identity
Our name Kharis & Knoble stands for Service & Integrity. Integrity is embedded in all we do. With this in mind, we created our logo which depicts open highways that gives our clients freedom to grow, innovate and create.
Our Expertise
We specialise in working with clients in high-risk jurisdictions with a view to delivering robust solution that factors in their immediate cultural and environmental challenges whilst ensuring that international standards are met.
Strategic Partnership
We believe in working alongside our clients, reducing their burden by helping them solve difficult problems, providing advice and innovative solutions and developing their capabilities to deliver lasting change and value.
Latest Insights
- U.S. Regulators Issue Clarifications on Suspicious Activity ReportingThe U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in collaboration with the Board of Governors of the Federal Reserve System, the Federal… Read more: U.S. Regulators Issue Clarifications on Suspicious Activity Reporting
- FINTRAC Fines First Nations Bank of Canada for AML Non-ComplianceFirst Nations Bank of Canada (FNBC), headquartered in Saskatoon, Saskatchewan, was fined CAD 601,139.80 for multiple violations under the Proceeds of Crime (Money Laundering) and… Read more: FINTRAC Fines First Nations Bank of Canada for AML Non-Compliance
- FINTRAC fines British Columbia Lottery Corporation for AML violationsCanada’s FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) imposed an administrative monetary penalty on British Columbia Lottery Corporation (BCLC) for non-compliance with the… Read more: FINTRAC fines British Columbia Lottery Corporation for AML violations
- HKMA disciplines three banks over AML control failuresThe Hong Kong Monetary Authority (HKMA) took disciplinary actions against three banks — Indian Overseas Bank (Hong Kong Branch), Bank of Communications (Hong Kong), and… Read more: HKMA disciplines three banks over AML control failures
- Barclays Fined £42 Million for AML Control FailuresThe FCA fined Barclays £42 million for failing to assess money laundering risks while providing services to clients Stunt & Co and WealthTek. Barclays did… Read more: Barclays Fined £42 Million for AML Control Failures
- Monzo Bank Fined £21 Million for AML FailingsThe UK’s Financial Conduct Authority (FCA) fined Monzo Bank £21.1 million for inadequate anti-money laundering (AML) systems and controls between October 2018 and August 2020.… Read more: Monzo Bank Fined £21 Million for AML Failings