Drafting of a practical, compliant KYC (know your customer) and AML (anti-money laundering) policy tailored to your business. Required for businesses in regulated sectors or those that are subject to the Money Laundering Regulations.
What's included:
What's not included:
Businesses in regulated sectors or those subject to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 are required to have a written KYC and AML policy. The policy sets out your procedures for customer due diligence, enhanced due diligence, ongoing monitoring, suspicious activity reporting, record-keeping, and staff training.
A tailored, compliant policy demonstrates to regulators that your business takes its AML obligations seriously and has proper controls in place.
Your KYC and AML policy will be drafted by a senior solicitor. Once you have completed the checkout process, we will be in touch within one working day to arrange a consultation. We will take the time to understand your business and regulatory obligations before drafting a practical, compliant policy. One round of revisions is included, and we will deliver a final version ready to implement.
Drafting of a practical, compliant KYC (know your customer) and AML (anti-money laundering) policy tailored to your business. Required for businesses in regulated sectors or those that are subject to the Money Laundering Regulations.
What's included:
What's not included:
Businesses in regulated sectors or those subject to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 are required to have a written KYC and AML policy. The policy sets out your procedures for customer due diligence, enhanced due diligence, ongoing monitoring, suspicious activity reporting, record-keeping, and staff training.
A tailored, compliant policy demonstrates to regulators that your business takes its AML obligations seriously and has proper controls in place.
Your KYC and AML policy will be drafted by a senior solicitor. Once you have completed the checkout process, we will be in touch within one working day to arrange a consultation. We will take the time to understand your business and regulatory obligations before drafting a practical, compliant policy. One round of revisions is included, and we will deliver a final version ready to implement.