Meet the team behind VIAINVEST:  AML and Risk department

Meet the team behind VIAINVEST: AML and Risk department

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In our latest “Meet the Team Behind VIAINVEST” series, we are excited to introduce you to VIAINVEST’s Anti-Money Laundering (AML) and risk department. With a keen eye for detail and a deep commitment to ensuring the integrity and security of our platform, the team plays an important role in protecting our investors.

The key responsibility of the AML and risk team is to establish and maintain an internal control system that meets all legislative and regulatory standards.

Strengthening investor trust

Our work directly contributes to our investors’ trust and peace of mind in VIAINVEST. Maintaining rigorous anti-money laundering and risk management standards ensures our clients can invest confidently, knowing their funds are secure. The core of our mission is to safeguard investor trust by providing the security and integrity of their investments.

A day in the life: AML and risk department dynamics

Let’s just say a day in the AML and Risk department passes by quickly. We might start with a plan, but often, the day takes its course with various issues popping up. It’s dynamic, keeping us flexible and ready to tackle whatever comes our way.

From challenges come triumphs

One of the main challenges in AML and risk management is keeping up with the fast-paced regulation changes. We collaborate closely, supporting one another to implement necessary changes swiftly. When facing these situations, we gather to thoroughly discuss and devise the most effective strategy for moving forward, ensuring we remain compliant and proactive.

AML Strategies: our approach

Our team’s ability to understand and interpret documents in various languages already gives us an edge in moving work forward. We focus on minimising the burden on our clients by handling document translations rather than asking them to do so. Additionally, how our team operates and organises itself—helping each other out and discussing strategies—sets us apart from other platforms.

Essential qualities for success

Resilience is the most important quality for working in the AML department, but that’s not all. You also need to quickly absorb, evaluate, and document information effectively. Many people struggle with the documentation aspect, but our team excels in this area and does it well.

Proactively keeping pace with regulation

The team lead begins each day by checking for any updates in the regulatory landscape, which then informs their plan to integrate these changes in line with our internal procedures and policy. They usually have a heads-up before new regulations take effect, as they actively follow and anticipate upcoming changes. Furthermore, being a part of the Fintech Latvia association aids this process. We receive early proposals for regulatory changes through the association, allowing us to discuss and suggest practical implementations. This collaboration often bridges the gap between theoretical regulation and its practical application, ensuring that the adopted regulations work effectively for association members like us.

The future of AML and risk management in fintech

It’s hard to predict the future, but we hope and expect that the industry will continue to take a risk-based approach.

Embrace compliance for collective security

Finally, we encourage our current and potential investors to cooperate with the support team if they require additional information from you. Any information requested is to ensure compliance with our procedures. We want to emphasise that investor data is safeguarded and not shared or used for other purposes. Doing so not only protects your investments but also supports our collective effort to maintain the security and integrity of the platform.

That’s it for our second blog in our “Meet the Team” series. We hope you enjoyed it and learned something new. Look out for the following ones!

Happy investing,


This is marketing communication, not investment advice or investment research. Investments involve certain risks and costs. Legal information about SIA “Viainvest” and its services is available here:

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