Shoulder

Shoulder is a specialist AML and compliance consulting firm based in Malta. Its address is in Haż-Żabbar, and the firm lists two service lines: AML consulting and compliance consulting.

What the firm does

AML consulting generally covers the policies, risk assessments and procedures that a regulated business needs to prevent money laundering and the financing of terrorism. Compliance consulting is the broader line, covering how a company meets the conditions attached to its licence and keeps its internal controls working. Beyond these two headings the company does not itemise individual deliverables, so the exact scope of an engagement should be agreed with the firm.

Market

The stated market is Malta. This is relevant for businesses holding or applying for Maltese authorisations, where an external adviser can supplement a small internal compliance team.

Who it suits

Shoulder fits smaller regulated firms in Malta that want an outside specialist for AML questions instead of a full in-house department. Fees, sector references and team details are not stated and should be requested directly.