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Our experts have developed a global online money laundering and terrorism financing enterprise risk assessment model that allows organisations to assess the risks across a variety of dimensions including: Clients Products Channels Venues and places of business Employees Country / Territory / Jurisdictions The online money laundering and terrorism financing risk assessment model tailors questions specific to the industry. It is fully customisable - questions, dimensions, scores and weightings can be added, modified or removed on an individual or grouped basis. After completing the risk assessment a PDF report is generated - this can be stored to provide a full audit trail summarising the outcomes of the risk assessment that was conducted.
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www.moneylaunderingriskassessment.com A Financial Crimes Consulting Company
www.financialcrimesconsulting.com +61 (02) 8001 6433
Online Money Laundering and Terrorism Financing Risk Assessment Tool www.moneylaunderingriskassessment.com
Introduction Key Features and Benefits Our experts have developed a global online money laundering and terrorism financing enterprise risk assessment model that allows organisations to assess the risks across a variety of dimensions including:
Clients Products Channels Venues and places of business Employees Country / Territory / Jurisdictions.
The online money laundering and terrorism financing risk assessment model tailors questions specific to the industry. It is fully customisable - questions, dimensions, scores and weightings can be added, modified or removed on an individual or grouped basis.
After completing the risk assessment a PDF report is generated – this can be stored to provide a full audit trail summarising the outcomes of the risk assessment that was conducted.
Features Designed by AML/CTF subject matter experts 100+ questions across key risk dimensions Country risk data covers 25+ metrics Customisable and easy-to-use Covers financial services and non-financial businesses
Provides full audit trail of assessments Documents assessment results as PDF for compliance record.
Benefits Helps you to fully understand and explain the nature of your ML/TF risks and the effectiveness of your program
Provides a basis for you to meet your regulatory obligations for conducting an ML/TF risk assessment
Documents your rationale for ML/TF risk decisions
Deploys across your organization easily Allows retention to compare current and previous assessments – understand profile changes.
How it works Industries Covered
Corporate “Admin” users can control the calibration of the model – they can override default settings, change score weightings, add questions and customise questions by sector, and, document the rationale behind the configurations. Users can perform assessments and can also document the rationale behind each answer.
Financial Non-Financial Retail Banking Investment Banking Private Banking Foreign Exchange Managed Funds Wealth Mgmt Credit Unions
Bullion Dealers Accountants Lawyers Real Estate Agents Cash in Transit Money Remittance Hotels, Pubs & Clubs Gaming Carbon Credits
Plans and Pricing Contact Us
AUD$ Product / Service Financial Crimes Consulting Level 20, Darling Park 201 Sussex Street Sydney, NSW 2000 Australia
$3,999 Annual license fee $ 299 Additional user annual license fee$ 500 2 hours consulting support $ 950 4 hours consulting support $1,800 8 hours consulting support T +61 (02) 8001 6433
- We offer referral fees and discount codes to AML experts who recommend and use our products.
www.moneylaunderingriskassessment.com A Financial Crimes Consulting Company
Select Industry Sector The online ML/TF risk assessment tool can be fully tailored for a range of financial and non-financial sectors.
The relevance and scoring of the risk assessment questions offers a calibrated, default setting for the selected sector but gives your Company Admin User the ability to modify these.
Users can also select the assessment type - ‘Full’, “Customer only’ or ‘Product only’. The full assessment covers all dimensions, whereas Customer and Product are standalone assessments.
Audit Trail The tool provides a full audit trail of risk assessments completed including the completion date, type and sector. All previous assessments including the detailed responses can be accessed at the click of a button. A full audit trail at your fingertips!
Customise
The tool is very flexible and can be customised to your requirements very easily. Add questions, change weightings, add dimensions, and modify relative risks within dimensions and much more. Easy to use – you don’t need to be an AML expert to operate it.
Analytics After completing the ML/TF risk assessment the model assessment weighting scores will be summarised into a PDF that will be stored in the tool but can be downloaded and emailed too. The full questions, answers and rationale are also available with guidance on red flags and recommended actions based on the outcomes of the assessment.
