WITH SMART TECHNOLOGY
Compliance is not revenue generating & must therefore be met by using the most efficient & cost effective approach.
The only way to achieve this is through regulatory technology. AMLclick's software has been specifically configured for anti-money laundering laws.
This technology allows businesses to meet their AML/CFT regulatory obligations easily & at a low cost. The software has been configured to the requirements of the risk based approach & principles of the AML/CFT Act, regulations, Guidelines & Codes of Practice.
The end user only needs to log into their account, select relevant data from screen options, then click 'Calculate'. Results provide heat risk maps, management reports & references to legislation.
BUSINESS RISK ASSESSMENT
The business risk assessment is the first & most important step when developing an AML/CFT compliance framework.
The written risk assessment is one of two primary records for evidencing AML/CFT compliance has been met. AMLclick uses a risk methodology that has been tested & critiqued to meet requirements of AML auditors & AML supervisors.
Obtain 12 months access to an online risk register.
Receive a full risk report & guidance manual.
Heat maps guide you to higher risk areas.
Tips & prompts are included in your programme.
Updates are instant.
Elimate paper & move to a digital solution.
AMLclick provides a professionally structured, proforma programme, covering every aspect of the AML/CFT Act.
A guidance manual is included highlighting mandatory areas & recommendations for policy, procedures & controls.
If your business is unsure of what a programme requires, this is the most simple & affordable solution for meeting your requirements & getting peace of mind.
Covers every aspect of the AML/CFT Act 2009.
Easy to read guidance manual.
Identify any gaps in your AML/CFT framework.
Section 57(l) of the AML/CFT Act 2009 requires businesses to be able to evidence how it manages & monitors compliance with its procedures, policies & controls. AMLclick provides an online self-evaluation of 70+ compliance hotspots.
The results report provides ratings for each hotspot, with references to the AML/CFT Act & recommendations on how compliance can be met. Once your business has implemented any updates, you can re-run the evaluation, at no additional fee. Use the evaluation report to support audit findings.