Name: AML Self Assessment Checklist
SKU: AUD007
Availability: InStock

About the AML Self Assessment Checklist

Use our AML Self Assessment Checklist to assess your compliance against the Money Laundering Regulations. Suitable for all industries and business types with a user friendly, customiable format. Analyse and identify your AML gaps with over 100 assessment questions relevant to the money laundering rules.

Quickly identify compliance gaps and any areas for improvement and use the integrated action plan to set priority status and review dates. The checklist tool is accompanied by detailed guidance notes for using and editing the document. This allows you to add to the existing questions and tailor the AML self assessment to your business and sector.

The checklist provides over 100 questions to assess the main AML business areas. However, it is not a complete money laundering audit. If you are unsure of how to comply with the requirements, you should contact your supervising body for guidance.

The AML checklist consists of 100+ assessment questions across 12 main money laundering and financial crime areas. The areas covered in the assessment are: –

AML Oversight
Policies & Processes
Training & Competency

Internal Controls
Written Materials
Due Diligence

Risk Assessments
Outsourcing & Suppliers
Record Keeping

Audits & Monitoring
Transactions
Tax Evasion

Ready to Use Assessment – The checklist includes AML relevant questions to carry out a company-wide assessment of the main anti money laundering requirements. The assessment is ready to use, but is also fully customisable for simple business integration.
MLR Compliant – With over 100 assessment questions, the AML checklist has been designed using the rules from the Money Laundering Regulations. It also covers specific requirements for the HMRC and FCA.
Straightforward Audits – There are no difficult to use dashboards or complicated formulas with our checklists. What you see is what you get! Simple to use, straightforward questions that will help you to assess your compliance with the mandatory regulations and standards.

Gap Analysis – Our self assessment checklists are invaluable for carrying out gap analysis on essential regulatory business areas. Answering the questions will provide information on which areas are compliant and which need improvements.
Market Leading Checklists – Thousands of organisations already use our checklists to assess their ongoing compliance. Delivered in a Excel format, our self assessment checklists are flexible and user-friendly.
Developed by Experts – The team at Know Your Compliance Limited have been writing regulatory policies and checklists for nearly 20 years. Our compliance expertise means that you can accelerate your compliance audits and still save time and money.

Checklist Overview

Use our Due Diligence Checklist to identify any gaps in your due diligence and Know Your Customers control and processes. Ensuring that you know who you are working with and verifiying their identity is mandatory for many business types. This checklist comes with 60+ audit style questions to help you assess the measures you have in place to monitor and manage due diligence.

Due diligence should be performed on customers, suppliers and employees to identify, assess and mitigate risks. The due diligence self assessment checklist provides questions that audit your controls to verify that you have adequate and effective measures and procedures in place.

If you would like to purchase our due diligence policy and onboarding questionnaires alongside this checklist, visit our Due Diligence Toolkit page for a discounted bundle.

AREAS COVERED
BENEFITS

AML Oversight
Policies & Processes
Training & Competency
Internal Controls
Written Materials
Due Diligence
Risk Assessments
Outsourcing & Suppliers
Record Keeping
Audits & Monitoring
Transactions
Tax Evasion

Ready to Use Assessment – The checklist includes AML relevant questions to carry out a company-wide assessment of the main anti money laundering requirements. The assessment is ready to use, but is also fully customisable for simple business integration.

MLR Compliant – With over 100 assessment questions, the AML checklist has been designed using the rules from the Money Laundering Regulations. It also covers specific requirements for the HMRC and FCA.

Straightforward Audits – There are no difficult to use dashboards or complicated formulas with our checklists. What you see is what you get! Simple to use, straightforward questions that will help you to assess your compliance with the mandatory regulations and standards.

Assess Your Anti Money Laundering Compliance…

Financial crime is any kind of criminal conduct relating to money; securities; property or financial services or markets. Offences range from fraud or dishonesty and financial market misconduct, through to handling the proceeds of crime.

It is therefore essential that firms with obligations under the Money Laundering Regulations assess their compliance against the standards and rules.

Designed by experts, the anti money laundering checklist puts you in control of assessing and improving your AML compliance. Developed using the financial crime rules and criteria set out in: –

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
The Money Laundering Amendment Regulations 2019
The FCA’s Financial Crime Guidance
The HMRC Anti Money Laundering Guidance
Joint Money Laundering Steering Group (JMLSG) Guidance.

Anti Money Laundering Toolkit..

AML Policy Template Toolkit Our market leading AML Template Toolkit is used by hundreds of organisations to aid anti money laundering compliance. The toolkit includes 30+ policies, procedures, checklists and tools for AML compliance.