AML360 provides risk-based compliance software for AML/CFT Enterprise-Wide Risk Assessment. Now business owners, Board members, senior managers and Anti-Money Laundering Compliance Officers can perform like an AML/CFT compliance professional.
Gain a level of regulatory certainty by using an AML/CFT technology designed by anti-money laundering compliance professionals. Incorporating the risk-based regulatory approach, the AML360 AML/CFT Enterprise-Wide Risk Assessment will support your anti-money laundering compliance obligations.
The nature, size and complexity of the business and industry sector is included in the AML/CFT Enterprise-Wide Risk Report. The nature, size and complexity of business entity risks and sector risks to align with international regulatory standards.
As this is an Enterprise-Wide Risk Assessment, the general characteristics of your client base are examined. The level of inherent customer risks must adequately inform the business of the types of client risks it needs to manage.
Your AML/CFT Enterprise-Wide Risk Report incorporates a guidance manual. The guidance manual explain the risk methodology and can be used as a supporting document for your independent AML/CFT audit.
The AML360 Enterprise-Wide AML Business Risk Assessment incorporates two styles of reporting. Heat Maps are included to provide Board Members and Risk Executives with a high-level review of the AML/CFT Enterprise-Risks. There is also a separate report that incorporates heat-maps and narratives of the risks.
AML360 is AML/CFT risk-based Regulatory Technology. As an AML Software Solution, it assists your firm to streamline administrative compliance processes and easily manage complex compliance duties. AML360 is an affordable compliance solution designed to deliver AML/CFT compliance efficiency whilst reducing AML/CFT compliance costs.
Firm-wide-risk-assessments.pdf