The Evolution of Risk
Join us in celebrating the 10th Anniversary of the AML Summit!
AML SUMMIT 2025
Posts by Jessica Winquist:
AML/CFT requirements for certified documents
As part of onboarding your clients you need to prove their identity. While electronic verification is popular these days, many individuals are still using certified documents. Learn what requirements need to be fulfilled to accept certified documents as proof of identity.
Reporting entity weaknesses exposed by DIA audit review
The Department of Internal Affairs (DIA) reviewed 60 reporting entities’ compliance with independent audit requirements and concluded that there is room for improvement for everyone.
$10,000+ cash transactions prohibited
High-value dealers prohibited from buying or selling goods with cash transactions of $10,000 or more.
AML Record-Keeping Rundown
Record-keeping is a vital part of your AML/CFT programme, as it is the source of truth for all your activities. Without good records you cannot prove to external auditors and the Supervisors that your company is doing AML and that you are compliant.
