AML/CTF Consulting Services in UAE
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Ace AML Compliance with AML Australia
AML Australia is one of the top Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) consulting service firms that offer end-to-end services. We provide tailored services to meet your AML/CTF compliance objectives.
We offer ML/TF risk assessment, AML training, in-house AML compliance department setup, AML/CTF policies, controls, systems, and procedures, AML health checks, AML regulatory reporting, and KYC and Customer Due Diligence services.
Explore our services in detail!
ML/TF Risk Assessment
AML Australia conducts the ML/TF risk assessment with utmost seriousness, as it is the foundation of your AML/CTF compliance. We study various risk factors related to customers, business processes, geography, etc. Then, identify the risk scenarios, analyse them, and evaluate controls. By comparing the inherent risk and the control levels, we identify the residual risk. Overall, we take care that the risk lies within the risk appetite.
AML Training
Our special AML training department is comprised of veteran trainers who understand your business and your industry in and out. Our AML training program encompasses all the essential elements, such as defining the roles and responsibilities, a manual on conducting day-to-day activities while staying compliant, do’s and don’ts of AML compliance, and a thorough understanding of AML processes.
In-house AML Compliance Department Setup
It is essential to have an in-house AML compliance department comprised of screening analysts, KYC analysts, risk analysts, compliance officers, and senior management. We study your business and industry and adopt a customised approach to set up an AML compliance department for your company. We develop a code of conduct, document the exact responsibilities, and define a clear organisational structure for your compliance department.
AML/CTF Program
AML/CTF policies, controls, systems, and procedures are the core of your AML compliance as your employees will consider it as their guiding light to all AML scenarios. AML Australia assists you in drafting clear, concise policies that allow employees to take directed action in every situation.
According to the policy, various controls are set against the ML/FT risks to mitigate them. Our documentation also contains the procedures of various tasks that AML staff needs to follow to ensure compliance.
AML Health Check
If you have already made AML efforts, it is advisable to review them on a regular basis. AML Australia checks that your AML policies, controls, and procedures are aligned with the latest regulations, new money laundering typologies, and your business structure. We also perform a health check of your compliance records to identify gaps and suggest remedial measures.
AML Regulatory Reporting
AML Regulatory Reporting is a legal obligation that reporting entities must fulfil.
We assist you through all the reporting requirements, so you are never on the receiving end of regulatory actions.
KYC and Ongoing Customer Due Diligence Services
Make KYC and Ongoing CDD the checkpoints that stop high-risk individuals and sanctioned individuals from getting on board. Leave the hassle of AML compliance with us. We verify customer information for your smooth business operations.
Take the Services from the Best AML Consultants in Australia
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