Anti-Money Laundering Systems

ML Solutions 4U specialise in helping law firms and other businesses to design and implement compliant systems, intended to help combat money laundering and the financing of terrorism.

All firms to which UK money laundering regulations apply are required by law to have anti-money laundering systems in place. To find out how ML Solutions 4U can help you comply with your obligations call 0161 828 1937 or use the form on this page to get in touch.

How to comply?

An effective anti-money laundering compliance system involves:

• The appointment of a Money Laundering Reporting Officer;
• Preparing and distributing an AML Compliance Manual;
• Setting up due diligence procedures to include identity and verification checks;
• Carrying out due diligence on customers and related transactions;
• Having procedures in place for the reporting of suspicious circumstances;
• Retaining records of compliance for at least five years
• Establishing an AML training programme for your staff.Our specialist team is here to help you set up your internal anti-money laundering systems.

Contact ML Solutions 4U

Speak to a member of our expert team about how we can help you build and maintain anti-money laundering systems for your organisation. Call 0161 828 1937 or use the form on this page to get in touch.