AML- reminder of your obligations and needs

Within this framework you have the obligation to apply customer duediligence measures by:

identifying customers and beneficial owners as well as theirrespective businesses

allocating an AML risk classification to each one of them on a riskbased approach (RBA)

maintaining a continuous follow-up of customers relative to the riskthey present

Compliance with anti-money laundering (AML) andKnow Your Customer (KYC) regulatory requirements isa legal obligation.

In relation to your customers and their activity, you further have theobligation to:

maintain documents

monitor transactions with particular attention

notify and cooperate with authorities

incorporate a customer’s name into transfers

have an adequate internal organization in place

know your own AML risk pertaining to your clients

provide regular training to your staff

Compliance with anti-money laundering (AML) andKnow Your Customer (KYC) regulatory requirements isa legal obligation.

AMLspotter, an all-in-onesolution that provides you:

AML risk management

Dynamic KYC / KYT

AML Risk Classification

Manual & Automatedname screening

Recurrent controls

AML risk dashboard

Detailed reporting

CDDS makes you compliant with your AML/CTFobligations