February 15, 2010: We have made AML Searches available to satisfy the demanding new regulations and minimise administration.
An AML Search is not an identity verification system. Anti-Money Laundering compliance requires a much greater depth of information. Our AML Search module is a complete AML system, utilising best-of-breed data sources for both Personal and Non-Personal (Public, Private, Un-Incorporated Companies, Partnerships and Charity) AML Searches.
The system uses a 'Risk Based Approach' and combines both positive and negative data responses. It also provides a full audit trail. It is designed to allow everyone from a small one man firm to a multi-office to be fully compliant with the Money Laundering legislation and guidelines including the 2007 Money Laundering Regulations, JMLSG, Law Society, EU 3MLD, FATF, FSA, IBA, CLC, CML, IFA, ACCA and ICAEW.
The AML Search module has been designed to be operated by any user with no requirement for specialist Money Laundering or AML Search training.
