An AML/CFT and Sanctions compliance program is a set of policies, procedures, and controls that you implement to prevent and detect money laundering and terrorist financing activities. Compliance Core helps businesses in all sectors, and across all geographies, develop and implement a robust AML/CFT and Sanctions compliance program that is tailored to your specific business needs and regulatory requirements.

This includes implementing risk-based customer due diligence procedures, enhanced transaction monitoring and reporting, ongoing employee training and awareness, and testing. These elements are interdependent and require a detailed knowledge of your business, inclusive of your products, services, clients, and the geographic locations you operate in, as well as the relevant regulatory expectations. Templates are not risk-based, thus missing the mark on the interdependency of program elements, the nuances of your business, and the implications those have on your compliance obligations. By implementing a strong AML and Sanctions compliance program, you can reduce the risk of regulatory enforcement actions, safeguard your reputation, and improve operational efficiency.