AML Control Assessment
Targeted assessment of customer due diligence, transaction monitoring alerts, and suspicious activity escalation for Taiwan-facing fintech programmes.
Engagement detailsTaoyuan · Taiwan
Northfield Risk & Audit
Control audits for payment firms, lenders, and digital finance operators who need evidence that holds under examiner and investor scrutiny.
We walk settlement floors, test reconciliations, and deliver graded findings your board can act on — not generic assurance language.
Fieldwork notes from a customer-fund segregation walkthrough
Flagship engagement
Fintech Control Audit
A full-cycle review of financial controls, transaction trails, and board reporting for licensed and pre-licence operators across Taiwan.
Engagements typically run six to ten weeks. We scope with your finance sponsor, sample settlement batches and reconciliations, then issue a management letter with severity grades and remediation owners.
- Walkthroughs of cash, settlement, and customer-fund segregation
- Sample testing tied to documented approval matrices
- Draft findings discussion before the final report
- Board-ready executive summary in English
From NT$280,000 · on-site in Taoyuan or Taipei with remote working-paper review
See scope and processRelated engagements
Other ways we support audits for fintech teams
Pre-Licence Readiness Review
Structured readiness review for founders preparing payment-institution or similar applications, focused on control design and evidence packs.
Engagement details
Investor Diligence Support
Independent control and financial-process briefings for fintech management teams entering equity or credit diligence rounds.
Engagement detailsEvidence
What finance leads say after fieldwork
Specific engagements, not generic praise. Read fuller stories on our client stories page.
Northfield’s team sat with our settlement clerks for three days and caught a dual-control gap we had papered over with email approvals. The management letter was blunt in places, which our board needed more than soft language.
We asked for an AML assessment ahead of a correspondent-bank renewal. The memo on alert disposition quality was useful; I wish we had scheduled the staff walkthrough earlier—two officers were travelling that week and the sample felt thinner than it should have.
Field notes
Guides from recent fintech audit work
Practical notes on segregation evidence, settlement sampling, and AML walkthroughs.
How Taiwan payment firms should evidence customer-fund segregation
Examiners ask for more than a policy paragraph. Here is the working-paper trail that usually satisfies a walkthrough of trust or safeguarded accounts.
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Sampling settlement batches without drowning in volume
Fintech ledgers move quickly. Sensible audit samples focus on risk strata, not random screenshots of the busiest day.
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Board packs that survive investor diligence questions
A control narrative that works for the board often collapses under diligence. Tighten the bridges between KPIs and the books before the data room opens.
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Tell us your licensing status, product perimeter, and preferred fieldwork window. We respond within two business days.