AML/CFT Compliance Services
In the dynamic regulatory environment, maintaining compliance with financial regulations is crucial. Our AML/CFT Compliance Services can work as your trusted partner for Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) obligations. We specialize in providing organisations with customized solutions, including risk assessments, policy development, and the implementation of effective controls. Our proactive approach ensures that your business stays compliant with current regulations while also preparing for future legislative changes AM Consulting is leading top AML Consultant in Bahrain and provide best AML compliance services to its clients.
AML/CFT Gap Analysis
We assess AML compliance gaps, identify risks, and recommend actions for regulatory alignment.
KYC / EDD Reviews
We strengthen KYC and EDD processes to ensure accurate client verification and compliance.
Design AML Compliance
We build customised AML/CFT frameworks with policies, SOPs, and manuals for your business.
Customer Due Diligence
We deliver robust CDD and EDD procedures ensuring transparency for higher-risk customer segments.
Sanctions Screening
We perform thorough sanctions checks to prevent dealings with restricted individuals or entities.
AML Policy & Procedure
We design and implement AML policies aligned with your operational and requirements.
Historical Transaction Reviews
We analyse past transactions to detect compliance violations, anomalies, or suspicious activities.
Independent Testing
We conduct independent AML compliance testing to verify effectiveness and adherence.
Transaction Monitoring Design
We design and deploy monitoring systems identifying suspicious activities.
Risk Based Approach to AML:
Record Keeping
Risk Identification
Risk Assesment
Control Identification
Implementation of Controls
Monitoring & Health check
Benefit of assessing AML/CFT risk:
- Assessing AML/CFT risk
- Enhance compliance
- Identify gaps in AML/CFT policy and procedures
- Improve AML/CFT alignment with risk profile
- Increase awareness of AML/CFT risk, control gaps, and remedies.
- Assist with strategic decision making
