Outsourcing of Money Laundering Reporting Officer (MLRO)

Relief and security through outsourcing with S+P Compliance Services!

Would you like to outsource the function of Money Laundering Reporting Officer (MLRO)? Discover four compelling reasons why outsourcing your money laundering reporting officer to S+P Compliance Services is a worthwhile decision for your business.

Cost savings: Cooperation with S+P Compliance Services helps you to reduce costs. By outsourcing your money laundering reporting officer, you avoid the expense of recruiting, training and paying an in-house staff while benefiting from our expertise.

Increased efficiency: By transferring responsibility for money laundering prevention to S+P Compliance Services, your employees can concentrate on their core competencies. This leads to greater efficiency and productivity in your company.

Limitation of Liability: Working with S+P Compliance Services allows you to minimize risks and limit your liability. Our experts ensure that your company and your employees always comply with the applicable legal regulations and requirements, thereby avoiding potential legal consequences.

Professionalization: S+P Compliance Services stands for the highest level of professionalism and expertise in the field of money laundering prevention. By outsourcing your money laundering reporting officer to us, you benefit from our extensive experience and industry knowledge, which contribute to the optimal implementation of your compliance strategy.

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Top 5 Benefits of Outsourcing to S+P Compliance Services

Benefit	Description
Cost Savings	No expenses for hiring, training, or compensating internal staff – S+P provides expertise at a fixed price.
Focus on Core Business	Your team focuses on core tasks – compliance is reliably handled externally.
Professional Expertise	Experienced S+P Compliance Officers ensure regulatory compliance at the highest level.
Reduced Liability Risks	Minimized regulatory risk through continuous monitoring and legal implementation.
Flexibility & Scalability	Compliance services scaled to your company’s size and complexity – ideal for FinTechs, KVGs, and institutions.

S+P Compliance Services: Your key to successful money laundering prevention and secure compliance

Do not wait any longer and rely on the advantages that S+P Compliance Services offers you. Contact us today and learn more about our customized solutions tailored to the needs of your business. Together we will optimize your risk management and professionalize your compliance strategy!

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Three Steps to an Outsourced Compliance Function with S+P

Step	Description	Benefit for Your Company
1. Inquiry	You get in touch with S+P and define your requirements together with us.	Tailored consultation by experts with deep industry knowledge.
2. Proposal	You receive a customized offer for your compliance outsourcing needs.	Flexible scope of services, contract duration, and cost structure.
3. Agreement	Once the outsourcing agreement is signed, collaboration begins – we take care of the rest.	Seamless integration into existing processes and immediate relief.

Outsourcing the Money Laundering Reporting Officer: Complete protection for your business

S+P Compliance Services is a leading provider of compliance services. We offer our customers the opportunity to concentrate on their core business while we take care of all compliance-related tasks. In addition, we support our customers in designing and implementing compliance measures. With our experience and know-how, you are fully covered.

One stop shopping: We offer you a complete outsourcing service tailored to your needs. So you can fully concentrate on your business. Our experienced specialists constantly monitor compliance with all relevant compliance guidelines. So you can be sure that your company is always up to date. With our experience and know-how, we guarantee you complete security.

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Thinking Economically: In-House Solution vs. S+P Compliance Services

Cost Category	In-House Solution (Ø)	Outsourcing to S+P
Salary & Personnel Expenses	€80,000 – €120,000/year	Fixed flat rate with a predictable budget
Training Costs	Approx. €5,000/year	Included: S+P Certified training & ongoing updates
Software & Tools	Approx. €10,000/year	Included: S+P Tool Box with digital solutions tailored to your business model
Substitute in Case of Absence	Additional effort for internal coverage	Substitution arrangement contractually guaranteed in service package
Total Annual Cost	€95,000 – €135,000	Significantly more cost-efficient with full service delivery

Strong compliance with S+P Compliance Services

Rely on our expertise and discover how outsourcing your Money Laundering Reporting Officer (MLRO) to S+P Compliance Services can elevate your compliance strategy:

Industry-Leading Expertise: S+P Compliance Services offers in-depth knowledge and experience in AML compliance. Our experts ensure your company meets all legal obligations reliably and efficiently.
Bespoke Solutions: We provide tailored MLRO services based on your company’s risk profile and regulatory requirements – scalable for institutions of all sizes.
Efficient Risk Management: From transaction monitoring to suspicious activity reporting, we implement robust controls that mitigate money laundering risks and ensure full regulatory alignment.
Time and Resource Savings: By outsourcing the MLRO role, your internal teams can focus on core operations while we handle AML obligations with precision and continuity.

Take the next step now – contact S+P Compliance Services and request a personalized proposal for your MLRO outsourcing solution.

With S+P, you gain peace of mind, regulatory assurance, and a trusted partner for effective AML compliance.

In addition to MLRO outsourcing, we provide comprehensive support for the outsourcing of internal auditing.

What Tasks Does S+P Compliance Services Handle for You?

Task	Description	Implementation by S+P
Compliance Strategy	Definition of objectives, measures, and responsibilities	Individual risk analysis + development of a tailored strategy
Policy Management	Creation and maintenance of regulatory documents	Standardized policies + customized industry-specific adaptations
Training & Awareness	Mandatory training and employee awareness programs	S+P Certified eLearning + practical classroom sessions
ICS & Audits	Implementation of internal controls and audit procedures	Regular audits + audit-proof documentation
Regulatory Communication	Correspondence with BaFin and other supervisory authorities	Directly or on your behalf by experienced S+P experts

Innovative compliance solutions thanks to S+P Compliance Services

S+P Compliance Services is a leading provider of compliance services. We offer our customers the opportunity to concentrate on their core business while we take care of all compliance-related tasks. In addition, we support our customers in designing and implementing compliance measures. With our experience and know-how, you are fully covered.

S+P Compliance Services is an independent service provider that offers its customers complete solutions for compliance with legal and regulatory requirements. We are active in the areas of financial companies and non-financial companies and support our clients in identifying and minimizing risks and complying with legal requirements.

S+P Compliance Services: Experts for effective money laundering prevention

S+P Compliance Services enables companies to outsource their Money Laundering Reporting Officer (MLRO) and thus save costs. We take full responsibility for your compliance activities and ensure that you remain in line with all legal requirements.

We can help you get as much or as little compliance support as you need. All you have to do is contact us and we will take care of the rest.

– One stop shopping for compliance services

– Cost-efficient and flexible

– Individual solutions for your needs

– Time savings through one-stop shopping

– Outsourcing solutions for firms of all sizes

We make sure that you can fully concentrate on your business – S+P Compliance Services: Outsourcing Money Laundering Reporting Officer (MLRO).

Relief and security through outsourcing with S+P Compliance Services

To ensure sufficient compliance to prevent money laundering, the following compliance obligations must be implemented:

Implementation and monitoring of anti-money laundering and terrorist financing regulations, including cooperation with relevant authorities.
Setting up an effective risk management system with institute-specific risk analysis and ongoing control measures.
Development and updating of internal policies, security systems and appropriate data processing.
Investigating and processing suspicious cases, informing management and the supervisory body.
Training and advising employees on money laundering prevention, terrorist financing and legal regulations.

With S+P Compliance Services at your side, you benefit from first-class expertise and comprehensive support in money laundering prevention – for a secure and compliant business environment!

Credit institutions

Credit institutions as well as branch offices based in Germany and branches of credit institutions based in Germany.

Investment firms

Investment firms as well as branches located in Germany and branches of investment firms located in Germany.

FinTechs

FinTechs with German Banking Act and Payment Service Provider licenses as well as branches based in Germany and branches based in Germany.

Payment Service Provider

Payment service provider and e-money firms with a Payment Service Provider license as well as branches based in Germany.

Capital investment firms

Capital investment firms according to the German Capital Investment Code and foreign AIF firms based in Germany.

Crypto Service Provider

Custodial, management and security of crypto securities or private cryptographic keys that have a German Banking Act license to hold or sell crypto securities.

Compliance Providers Compared: Traditional vs. S+P

Criterion	Traditional Provider	S+P Compliance Services
Industry Focus	Generalist, multiple industries	100% financial and non-financial institutions under supervision
Training Offer	Bookable as an external service	Included: S+P Certified Trainings & eLearnings
Tool Integration	Not included in package	Included: S+P Tool Box with practical solutions
Support & Substitution	Not clearly defined	Substitution and availability contractually guaranteed
Regulatory Coverage	Superficial	Comprehensive: MaRisk, GwG, WpHG, DORA, KWG, WpIG

Trusted by Our Clients: More Success Stories with S+P

“What impressed us most? The combination of legal expertise, structured processes, and fast responsiveness. S+P knows exactly what’s needed for effective AML compliance.”

– Laura T., Head of Compliance at a FinTech

“Outsourcing our MLRO function to S+P was a game-changer. We now have the peace of mind that everything is handled professionally – without draining internal resources.”

– Daniel M., CEO of a Payment Institution

“S+P brings clarity and structure to a complex regulatory topic. Their MLRO services are both practical and tailored – a real relief in our day-to-day operations.”

– Tomáš V., Board Member of an E-Money Institution

“We were looking for a reliable MLRO partner – S+P not only delivers expertise but also takes full ownership. That gives us the confidence to focus on growth.”

– Richard H., Risk Officer at an Asset Management Firm

Comparison: In-House Compliance Officer vs. Outsourcing to S+P Compliance Services

Criterion	In-House Solution	Outsourcing to S+P Compliance Services
Cost Structure	High fixed costs for salary, training, and infrastructure.	Predictable costs via service contract – no fixed expenses.
Professional Expertise	Know-how depends on the employee’s individual experience.	Team of specialized compliance experts with market knowledge.
Availability	Personnel absences (e.g. illness, vacation) jeopardize the compliance function.	Continuous availability through coordinated substitution model from S+P.
Flexibility	Responding to new regulatory requirements requires effort.	S+P reacts flexibly to changes – regular updates included.
Regulatory Risk	Increased liability risk due to incorrect or delayed implementation.	Risk transfer through professional implementation & documentation.
Integration into the Company	Strong involvement in day-to-day operations is possible.	Efficient integration through coordinated communication processes.
Scalability	Scaling only possible through new hires.	Scalable service packages – tailored to company size.
Compliance Update Frequency	Depends on individual further training.	Regular updates and monitoring by S+P experts.