Risk-Based Approach
AML Risk Assessments
AML360 provides your firm with a business risk report that complies with laws for Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT). Don’t second guess your risk factors. Use a proven compliance solution and gain oversight from an AML/CFT compliance specialist.
We provide you an online form with the required regulatory data points so your business can adequately assess your AML/CFT business risks.
Select Data
AML360 technology identifies your higher risk areas.
Submit
Work through the form, add notes then submit.
Review Report
Your report explains the risks and includes policy prompts.
AML Risk Report
AML/CFT Business Risks
Compliance laws for Anti-Money Laundering & Countering Financing of Terrorism require an effective firm-wide risk report. Not all businesses however have an in-house AML/CFT compliance professional. Or a business may lack expertise in how to document an effective risk methodology. Penalties are high for in inadequate risk assessment and the ongoing regulatory scope upon your business is disruptive.
The AML360 risk assessment has been developed by compliance professionals for compliance professionals. This allows your business to access AML Compliance expertise without incurring high-cost advisory fees. Just open and complete the form, submit, and receive your customised AML/CFT business risk report.
AML Risk Report
Governance Reporting: AML Risk Assessments
AML Risk Assessments should be reviewed and updated at least every year. The review should consider AML/CFT Supervisor guidance material and reflect any changes that have occurred within the business sector. By using the AML360 form, your business will automatically incorporate regulatory updates to your AML risk reviews.
AML Business Risks
- Nature, size & Complexity
- Clients | Institutions
- Products & Services
- Method of Delivery
- Countries Dealt With
We have taken care of AML risk assessments so you can concentrate on your primary business goals.