Check your compliance level against 70+ hotspots.
Section 59(1) of the AML/CFT Act, requires businesses to perform a compliance review. Most businesses don’t know where to start or what to do, so we have come up with a solution.
The AML360 HealthCheck performs to the principles of the risk based approach for meeting AML compliance requirements.
The software is delivered to users as ‘Plug & Go’. We achieve this by using algorithms.
Users simply login to their platform, select data points on screen, then click ‘Calculate’.
An analysis report provides ratings across 70+ audit hot-spots. References to the anti-money laundering legislation are included, allowing users to link findings direct to regulatory obligations.
The report includes tips on how compliance can be met.
Updates to the compliance review can be carried out at anytime during the 12-month subscription period.