Whether assessing alignment with the AML/CTF Rules, implementation of the AML/CTF Program, or committing to a full AML/CTF independent review, with Initialism’s AML CHECK modular approach, you can choose to how to review your AML/CTF Program.
- Independent Review requirements specified by the AML/CTF Rules X
- Effectiveness of the AML/CTF Program based on the ML/TF risks faced.
- AML/CTF Program compliance with AML/CTF Rules.
- Effectiveness of the implementation of AML/CTF Program.
- Businesses compliance with AML/CTF Program requirements.
- Document Review
- Compliance Testing
- Full Review
AML CHECK puts you in control of the scope of the review, providing options between reviewing Part A and/or Part B of your AML/CTF Program.
- Effectiveness of the AML/CTF Program based on the ML/TF risks faced.
- AML/CTF Program compliance with AML/CTF Rules.
- Effectiveness of the implementation of AML/CTF Program.
- Businesses compliance with AML/CTF Program requirements.
- Part A Deskbased Review
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- Part A Full Review
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- Full Part A and Part B
- GET A QUOTE
AML CHECK USES INITIALISM’S AML/CTF INDEPENDENT REVIEW TOOL
All the AML CHECK solution options provide the required coverage of the AML/CTF Rules.
- The Risk-Based Approach and ML/TF Risk
- AML/CTF Risk Awareness Training Program
- Employee Due Diligence Program
- Oversight by Boards and Senior Management
- AML/CTF Compliance Officer
- AML/CTF Independent Review
- AUSTRAC Feedback and Guidance
- Permanent Establishments in a Foreign Country
- Suspicious Matter Reporting
- Threshold Transaction Reporting
- International Funds Transfer Instruction Reporting
- AML/CTF Compliance Reporting
- Enrolment Information Reporting Obligations
- Further KYC Information
- Beneficial Owner Information
- Refresh of CDD Information
- Transaction Monitoring Program
- Enhanced Customer Due Diligence Program
- Customer Due Diligence Program
- Part A – Deskbased Review
- Part A – Full Review
- Part A and Part B Full Review
ASSESS YOUR AML/CTF PROGRAM’S LEVEL OF COMPLIANCE
Key benefits of AML Check
YOU’RE IN CONTROL
The modular approach puts you in control of the review.
PROPORTIONATE
The assessment is aligned to your business and it’s activities.
PEACE OF MIND
Understand if you are achieving AML/CTF compliance.
ACCESSIBLE EXPERTISE
Review is undertaken by experts who understand your business and industry sector.
ACTIONABLE OUTCOMES
Any recommendations made will be tailored to your business.
BUDGET FRIENDLY
A cost-effective way to undertake a review.