Anti Money Laundering Policy Template for Small Business
Nov
Are you looking for an Anti Money Laundering Policy Template for small business? If so, you have come to the right place! We know there are countless AML policy templates out there on the internet, making it really difficult to know which one to choose. We certainly won’t tell you that we are the only provider of such templates or that ours is the best (although 11,000+ customers don’t lie!)
What we can do however, is to tell you a bit about our anti-money laundering policy template and how it will help your small business to comply with the Money Laundering Regulations (MLR). After all, that’s exactly what you are looking for in a policy, is it not? AML compliance, an understanding of the money laundering prevention rules and content that means you don’t need to spend your precious time reinventing the wheel.
The first thing to address might be why our AML policy template is 38-pages long! Seems a lot doesn’t it? Especially when most other providers top out at 8-10 pages (including cover and contents!) Well, the main reason is that the MLRs are lengthy and complicated.
On top of the regulations, you then have rules and guidance from your supervisory authority (think HMRC, the FCA etc). When you write your statement of intent, scope, objectives and responsibilties, you are going to need a lot more than 8 pages!
There are also the procedures and audit requirements to consider. What are your processes for monitoring transactions? What due diligence to do you carry out? How about your business-wise AML risk assessment! The simple answer is that the businesses using our Anti Money Laundering Policy Template are small – not the regulatory area the policy is covering!
Our policy template is fully customisable, but also comes with working content that is ready to use. You can edit the sections that don’t apply to your small business and add in processes that you have implemented. Our unqiue approach to policy development means your policy will be bespoke to your business and not just another ‘off the shelf’ document!
Best of all! It’s just £20+vat and you get the first annual update free of charge!
Table of Contents AML Policy
Wondering what content is included in our AML policy template for small businesses? Wonder no more! The below image is the current table of contents for our 38-page policy template. As with all our policies, it is available as an instant download in a Word.doc format and is fully customisable.
