AML Compliance Efficiency

AML compliance software

AML Regulatory Technology: AML Regulatory Technology provides an efficient, lower cost and streamlined approach to meeting regulatory expectation for anti-money laundering compliance.   How can technology support effective decision-making? Anti-money laundering compliance is all about data crunching, or in other words an anti-money laundering compliance framework evolves around data analytics. Whether it is a business […]

Ongoing Due Diligence

AML Software

AML Transaction Monitoring: A business will establish AML transaction monitoring rules based on the nature, size and complexity of its business operations. Development and Implementation The following factors are commonly cited as being important to a successful AML Transaction Monitoring (TM) system development and implementation: A clear understanding of what the system will deliver and […]

AML Evidence Based Compliance

AML Software

AML Evidence Based Compliance: AML Evidence Based Compliance provides regulatory certainty and enables an auditor or AML Supervisor to have confidence that anti-money laundering compliance is meeting regulatory expectation.   Anti-money laundering regulations are commonly required to follow the risk-based approach. The risk-based approach was first coined by the United Kingdom’s Financial Services Authority in […]

Customer Risk Profiling

anti-money laundering Managed Services

Customer Risk Profiling: In an anti-money laundering compliance framework the ‘customer risk profiling’ is sometimes referred to as ‘customer risk assessments’.     Customer profiling is an essential component of an anti-money laundering compliance framework. This is because the customer presents the greatest risks to a business unwittingly facilitating money laundering, terrorist financing or any other […]

What is an Anti-Money Laundering Audit?

anti-money laundering software

What is an Anti-Money Laundering Audit?This article sets out what a business should expect from an anti-money laundering audit.  An anti-money laundering audit will provide you with an independent assessment of your AML CFT risk assessment and program. It is an opportunity for you to consult with AML compliance professionals on how well your program […]

Anti-Money Laundering Risk Assessments

anti-money laundering software

Anti-Money Laundering Risk Assessments: Written by: Kerry Grass, Founder of AML360 Why are Anti-Money Laundering Risk Assessments Needed? Written anti-money laundering risk assessments are the starting point for development of a compliance framework designed to combat money laundering and financing of terrorism.  The anti-money laundering (AML) business risk assessment seems to cause many businesses to […]

AML360 SupTech

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Anti-Money Laundering Supervisory Technology AML360 provides government and supervisory bodies with a tailored AML SupTech solution.  Learn more about AML Supervisory Technology by scrolling down this 8 page article.