AMLCC is an online Anti-Money Laundering compliance tool, assisting Accountants and Bookkeepers with their day-to-day responsibilities in being compliant with the current AML regulations and guidelines.
The software offers an online training video, testing and certification for the MLRO and staff members together with an online risk assessment tool, online compliance manual and access to online verification checks through Equifax (PAYG).
AMLCC makes AML compliance as simple as possible and with our dedicated and experienced support team we are here to help provide you with an excellent service when using our product.
The Money Laundering Regulations have raised additional challenges for the regulated sector, including accountants. In response, AMLCC have developed an anti-money laundering product which assists accountants in their compliance.
Accountancy firms supervised by AIA under the Money Laundering Regulations must have robust policies and procedures in place, appropriate to the individual firm's needs, to ensure anti-money laundering compliance and AIA is pleased to offer access to AMLCC free of charge to AIA Members in Practice.
AMLCC subscription provides firms with the essential tools needed to assess their clients through online reporting and record keeping as well as train their staff, this in turn gives reassurance to the AIA that AIA registered firms are meeting their statutory obligations and incorporating best practice into their work.
AMLCC offers the following services to enable firms to overcome the challenges of anti money-laundering compliance:
- An online compliance manual which includes a policy statement which must be tailored according to the individual firms' requirements.
- Online training modules
- Online risk assessment wizards
- Online compliant Client Verification system
- Secure online records storage
- Online reporting function
- Monthly Compliance Matters email, keeping you up to date with relevant articles and news on money laundering issues.
AIA will issue you with a discount code along with your practising certificate, which can be redeemed when ordering or renewing the AMLCC product. Existing subscribers to AMLCC should retain the discount code and redeem it when renewing their AMLCC subscription.
To subscribe to AMLCC click here.
If you need any assistance, please contact the Practice Liaison team.