MLC & Co.
Compliance Services
MLC & Co. is an authorized compliance company since 2017.
Regulatory Compliance Services (regulated activity)
Preparation of Compliance Manuals, plans and auditing
Representation of clients in sanctioning processes
Design of risk matrices for regulated companies (including those located in free trade zones)
Featured Services
Our expertise brings peace of mind, legal security, and growth to your company.
360 Compliance
Compliance Services Package: Manual, Matrix, Processes, Annual Training
Methodology: Weekly Meetings
Service Description
Over an eight (8) week period, we meet with the compliance officer or designated professional and their team to implement the manual, processes, and risk matrixes for clients. The program concludes with an in-company training session.
Benefits of the service
- Market- and client-focused approach
- Practical implementation
- Continuous monitoring
Annual Independent Assessment
Review of your annual compliance program and timeline.Includes review of due diligence files, legal reports, and filings.
Methodology: Weekly Meetings
Service Description
Over a four (4) week period, we assess the company's level of compliance with all elements of its Annual Compliance Program. We evaluate and strengthen internal processes, and review the risk-based assessment methodology — including client risk profiles — updating files, manuals, and matrices as needed.
Benefits of the service
- Quality-focused, hands-on oversight
- Self-administered
- Technical support included
Client and vendor KYC screening
Service description:
Due diligence must be conducted before formally engaging a third party, business partner, supplier, trusted employee, or anyone who holds a key position within the organization.
At MLC & Co., we offer guidance on developing, implementing, and reviewing the processes and resources needed to comply with this crucial aspect of your annual compliance program. Avoid unnecessary risks to your company and prevent doing business with individuals or companies on restricted lists or with poor business or personal references.
Methodology: We use our databases and OSINT data to develop KYC profiles for clients and vendors.
The process of linking with our companies is a very important obligation for all subjects bound by Law 23.
Benefits of the service
- Avoid legal, reputational, economic, and market risks
- Properly document your Enhanced Due Diligence
- Support from qualified professional
In-house training
Comprehensive compliance training for companies in every regulated sector
Service description:
We develop, design, and deliver the training your organization needs, tailored precisely to your requirements.
Training is one of the essential obligations contained in Law 23 and its regulations. All regulated entities must have an annual training plan for all their employees.
Methodology: In-house training (on site or virtual)
Benefits of the service
- Proper compliance with the obligation contained in Law 23
- New and up-to-date topics
- Sector-specific risk prevention
Design/Adjustment of Processes, Manuals, and Forms (ISO-based)
Service description:
Law 23 requires companies to clearly design and document the key processes that affect Compliance, and to include them in the Company's Compliance Manual.
This service helps you standardize your due diligence, training, and file review processes — applying consistent standardization criteria.
Methodology: Weekly meetings; review of existing manuals and job descriptions for the compliance area and related departments.
Benefits of the service
- Identification of key players in your most sensitive processes
- Custom-designed processes tailored to your company
- Continuous improvement in your company's operations
We have had the opportunity to work with MLC & Co. on several occasions and have been very satisfied with the service we received. They are highly qualified professionals with a strong sense of commitment to their clients.
Juan Carlos Martinez
Corporate Lawyer, ANCORI
Rated 5 out of 5
We have worked with Ms. Cummings for several years; she is the Coordinator of the Chamber's Prevention Committee, and we have organized several events together, including the First and Second Money Laundering Prevention Congress of the Province of Colón.
Josimar Ortiz
Executive Director, Chamber of Commerce, Agriculture and Industries of Colón
Rated 5 out of 5
Those who need these services
We serve clients with specific challenges, offering tailored, effective solutions.
- Lawyers and Law Firms that specialize in incorporating companies, buying and selling
- Trust or Financial Companies
- Companies in the construction sector: developers and construction companies
- Real estate brokerage firms
- Factoring and Leasing Companies
- Companies established in the Colón Free Zone and other Free Zones
