AML/CFT/FCP Services

ComplianceAid SERVICES INCLUDES, RISK-BASED ANTI-MONEY LAUNDERING (AML), COUNTER FINANCING OF TERRORISM (CFT) AND FINANCIAL CRIMES PREVENTION:

PILLAR I - POLICIES AND PROCEDURES COMPLIANCE PROGRAM

  • Internal Policies, Procedures and Controls Manual
    • Development
    • Enhancement
    • Template
    • Gap Assessment
  • Risk Management Program
    • Business AML/CFT Risk Assessment
      • Develop
      • Enhance
      • Conduct (Annually)
    • Customer Risk Rating Assessment
      • Develop
      • Enhance
      • Conduct (Annually)
  • Customer On boarding / Know Your Customers (KYC)
    • Customer Relationship Management System
    • KYC Remediation / KYC Look back
    • Transaction Monitoring Look back
    • Suspicious Activity Report (SAR) Look-Back/Investigation
    • Enhance Due Diligence (EDD)
    • Sanctions False Positive Remediation
    • Sanctions Gap Assessment
    • PEP Remediation
    • Assistance in Selecting
      • Customer On-boarding System
      • Transaction Monitoring Software Applications
      • Document Management System
      • Regulatory Compliance Database
  • Customer Screening
    • theList.pro System
    • Assistance in Selecting Other Sanction Screening Solutions
  • Implementation
    • Setup program per department

Pillar II - Compliance Officer

  • External
    • Anti-Money Laundering Compliance (Reporting) Officer (MLCO/MLRO) Function
    • AML/CFT Compliance Officer Advisory Function
  • Internal
    • Compliance Officer (CO) Candidate Pre-Selection (for hiring)
    • Mentoring/Shadowing program
    • Assistance on demand (Money Laundering Compliance/Reporting Officer)

Pillar III - AML/CTF TRAINING

(AVAILABLE: ONLINE RECORDED, ONLINE LIVE, IN-PERSON)
  • Annual Training
    • Staff
    • Board of Directors
    • Senior Management
  • Specialized Training
    • New Employee
    • Compliance Staff
    • Audit Staff
    • Front-Line Staff
    • Back-Office Staff

PILLAR IV - ANNUAL AML/BSA/OFAC/CFT AUDIT

    • Develop Independent Audit Program
    • Conduct Independent Audit
  • Other Services
    • Risk-Based Supervisory Framework and Training Services
    • Regulators
    • Regulatory Exam Preparation
    • Internal Control and Fraud Prevention Program
      • Enhance
      • Develop
      • Implement
    • Corporate Governance & Ethics Program
      • Enhance
      • Develop
      • Implement
    • FATCA/CRS (Diagnostic, Advisory & Implementation)
    • De-Risking/ Correspondent Banking Relationships (CBR)
    • Cybersecurity, Data Privacy and General Data Protection Regulation (GDPR)
    • Enterprise Risk Management
      • Enhance
      • Develop
      • Implement
    • Business Continuity and Disaster Plan
      • Enhance
      • Develop
      • Implement
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