Project Description

AML/CFT Healthcheck –

It is a regulatory requirement for reporting entities to develop an Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Program, that must be independently audited by a suitably qualified expert.

To assist reporting entities in complying with this requirement, our AML/CFT subject matter experts have developed the world’s first software-as-a-service AML/CFT Healthcheck Tool (which can also be deployed behind your organisations firewall), which can be used by reporting entities to track AML/CFT compliance back to the requirements, as well as, tracking and managing actions, issues and risks, with real-time MLRO Dashboards to provide highly effective AML/CFT compliance monitoring.

The AML/CFT Healthcheck can either be used informally as a self-assessment, prior to the appointment of external auditors or can be used by seasoned AML/CFT practitioners in performing independent assurance testing.

We have developed AML/CFT Healthcheck Templates for Australia, Hong Hong, New Zealand, United Kingdom, United States and the Rest of the World (based on the Wolfsberg Principles/FATF Guidelines), which are all available out-of-the-box.  We are looking to partner with other AML/CFT subject matter experts to expand our country coverage, so if this is of interest, please get in contact with us.

To sign up for a no obligation free trial click here.