Compliance with Anti-Money Laundering (AML) legislation is a high priority for a range of organisations including solicitors and other legal professionals, auditors and estate agents.  Under the Money Laundering Regulations 2007, these organisations are required to verify the identity of all customers quickly as part of the Customer Due Diligence process.

Whatever size of business, failure to comply poses many risks including:

• criminal and disciplinary sanctions for the firm as a whole and for individuals within it
• civil action against the firm and individuals
• damage to reputation leading to a loss of business

Anti-Money Laundering compliance is expensive for any business.
Click here for information about AML Search, the practical and cost-effective solution offered by STL.