Businesses subject to AML regulations are required to adhere to numerous compliance obligations. Managing AML compliance alongside day-to-day business operations can be challenging, often leading to delays in meeting regulatory requirements or, in some cases, non-compliance.
We therefore recommend, especially for smaller businesses, having a dedicated team to manage these regulatory obligations and ensure timely and accurate communication with the authorities.
AML Compliance as a Service provides your business with professional support to perform compliance-related tasks on your behalf.
With the support of Integra, you can expect an efficient, structured, and proactive approach. Our experts take full ownership of your AML obligations, ensuring all requirements are met while you focus on running your business.
We recognize the importance of AML education as a pillar of effective compliance. That’s why we have developed a suite of cutting-edge AML education services.
Our fully accredited AML courses targeted at regulated sectors provide the knowledge and understanding needed to remain compliant.
Our courses range from topic-specific modules to full AML/KYC online training. Each course is self-paced, and upon completion, participants receive a digital certificate. These courses are designed to help you advance to the next level of AML expertise.
Click here for our courses: AML/KYC Online Courses
We also provide in-person AML compliance training. Group rates are available for corporate participants. Contact us to find out more.
Who can benefit from our courses:
- Professionals in regulated industries
- Business Owners
- Reporting Officers
- Board Members
- Partners
If you do not see what you are looking for on our website, contact us and we can work with you to customize training that meets your specific AML needs.
Need more information? Simply contact us and a member of our team will be happy to assist.
Corporate Consulting Services
In addition to online courses and in-person training, we also offer a wide range of AML tutorial videos designed to support ongoing learning.
Staying up to date with the latest regulations and best practices is essential for AML professionals. To make this easier, Integra offers a unique solution known as AML Tutorials as a Service.
These short, engaging tutorials average just 8 minutes in length and simplify complex AML topics, helping professionals quickly learn new concepts or refresh existing knowledge.
Some of the AML tutorial videos we provide include:
- The difference between tax avoidance and tax evasion
- Understanding AML red flags
- Customer Due Diligence (CDD) explained
- What is a Politically Exposed Person (PEP)?
- Introduction to transaction monitoring
Visit our AML Tutorial page for more information, or simply contact us and a member of our team will be happy to assist.
Through our partnership with Shufti Pro since 2022, an industry-leading identity verification solution, Know Your Customer (KYC) processes have become easier, faster, more secure, and fully compliant.
Screen customers (individuals and/or companies) against global sanctions lists, PEP lists, over 1,700 criminal watchlists, and adverse media databases across 230+ countries and territories. Our solutions help prevent fraud and illicit activities that can damage your business integrity and brand reputation.
Information required for AML screening:
- Individuals: Complete legal name and date of birth
- Companies: Complete legal name, country of incorporation, and incorporation date
Contact us today to learn more about our AML screening services, offering a cost-effective and contactless way to identify and verify your customers.
Additional services available through our partnership with Shufti Pro:
- AML screening and ongoing due diligence
- Address verification
- Face verification
- Document verification
- Video KYC
- Know Your Business (KYB) – Corporate verification
- Facial biometric authentication
- Enhanced Due Diligence (EDD)
- Transaction monitoring and OCR solutions
If you wish to obtain the Shufti Pro software for your organization, please let us know. We are also an approved reseller of Shufti Pro.
Businesses under supervision must comply with everchanging laws enforced in their country to curb the evils of corruption, money laundering, terrorism financing, and other related financial crimes.
Integra develops an AML compliance framework for your business to make your AML compliance journey successful and in compliance with the AML/CFT regulations.
The structure includes several elements that allow the company to identify, manage, and mitigate ML and TF risks. It also defines the procedures related to customer onboarding, knowing your customers better, verifying their details, and performing adequate due diligence measures to reduce the chances of your business being exploited by the launderers.
Integra can assist you!
Contact us for more information!
All businesses under the scope of AML regulations must protect their businesses against financial crimes. The best tool for it is to conduct regular Business Risk Assessments (BRA). Risk assessment helps you identify ML threats your business is vulnerable to, the likelihood of its occurrence, and its impact on your company if the risk materializes.
BRA considers the absolute risk that your business may face considering the factors such as customers, transactions, products or services, geography, delivery channels, etc. Only after identifying risks and their impact can you develop and implement mitigation plans to manage these risks.
BRA is the first step in following the Risk-Based approach to tackle ML/FT crimes. This exercise considers the company’s information (qualitative and quantitative), along with the reports of the National Risk Assessment (NRA) and the latest market trends.
This assessment would help the business develop all-inclusive and relevant AML/CFT policies, procedures, and controls to fight against financial crimes.
Integra can assist you with building your own BRA and keeping it up to date.
We, Integra, support our clients by managing their customer onboarding and taking care of KYC and customer due diligence measures. This will ensure that the customer onboarding process is quick and easy while remaining fully compliant with AML requirements in an affordable manner.
Many businesses, especially start-up companies, face hardships in hiring skilled and proficient AML personnel to perform the KYC and CDD processes for each customer. The flaws in the initial customer onboarding process adversely impact the complete AML compliance program.
We offer expert services in managing your customer onboarding process by performing the relevant AML compliances with complete KYC details and adequate CDD measures. By this, we make your customer onboarding process smooth and efficient without you being concerned about transacting with an incorrect customer or worrying about compliance with AML obligations.
Placing AML KYC and CDD exercises in our hands allows you to focus on your core business operations.
Integra can assist you with the design of these KYC onboarding documents.
Our highly skilled and experienced auditors can help you conduct an AML audit by reviewing in detail your company’s compliance. This will include reviewing policy documents, files, systems and interviewing relevant stakeholders.
On completion of the audit, you will receive a detailed report of our findings and observations along with practical advice to help address any weaknesses in your controls. This will give you the peace of mind with knowing you are fully on top of your business’s financial crime risk.
Our AML Advisory Services cover any of the above compliance needs, whether delivered as a full-service package, stand-alone support, or a review and health check of your existing AML compliance framework. The Integra team stays fully up to date with all AML guidance and regulatory updates issued by the authorities, allowing us to work closely with you to ensure your business remains fully compliant.
Our experts can review and update, where necessary, your AML manuals, risk assessments, client files, onboarding documentation, KYC records, and more.
Contact us to discuss the options that best suit your business needs.
The Integra AML Helpdesk provides on-demand advisory services to support your ongoing or project-based compliance requirements.
AML challenges can arise unexpectedly, or you may choose to outsource specific compliance processes or projects. In such cases, our AML Helpdesk gives you access to a dedicated AML specialist who will guide you through regulatory requirements, either for a specific project or on an ongoing basis.
Our services include identity verification protocols, enhanced customer due diligence (EDD), record-keeping guidance, and FIU/MOT reporting support.
This approach allows you to focus on your core business with the peace of mind that your AML/CTF compliance is in safe and experienced hands.
Contact us today and let’s talk about your options.
