Achieve AML Compliance with
Our End-to-end AML Suite

We offer a comprehensive end-to-end AML Suite that is tailored to help financial institutions achieve their regulatory objectives, while keeping a tight control on the operational cost of their AML program.

> > > AML Compliance Solutions

LegalEase Anti-Money Laundering (AML)
Compliance Services

AML Customer Sanction Screening and Ongoing Monitoring

In collaboration with our technology partner, we provide you with an advanced anti-money laundering (AML) KYC sanction screening solution to help proactively mitigate risk and ensure compliance with a variety of AML and counter-terrorist financing (CTF) regulations.

We make your KYC and Customer Due Diligence (CDD) programs effective with solutions that:

Consolidate customer information from multiple sources
Screen for sanctions violations
Check for Politically Exposed Person (PEPs)
Automate beneficial owner verification, look up, and screening
Enable real-time screening from your CRM such as Salesforce via web services integration
Store relevant due diligence documents and reports

Automated Suspicious Transactions Monitoring and Reporting

Suspicious Transaction Reports (STR) play an important role in combating money laundering and terrorism financing.

LegalEase Solutions works with your team to monitor and review all International Financial Data Services (IFDS) transactions to determine if any suspicious transactions have occurred.

Transactions Screening

In conjunction with our technology partners, we offer real-time screening of transactions so that you can detect risks involving sanctioned or high-risk parties. With transaction screening, you can identify and extract all relevant pieces of information from transaction messages and screen that information against watch lists such as sanctions, PEPs, and internal black lists.

Independent AML Program Review

LegalEase Solutions provides an independent AML program review function to test your firm's Anti-money Laundering (AML) compliance program in the most cost effective and efficient way.

An AML review is not only required by federal regulatory bodies, but also serves as an integral part of your business by helping protect your firm from being an unintentional conduit for money laundering and fraud. Using an outside firm to conduct your annual AML review will give your business added credibility and trust, and will add valuable time and cost savings to your business.

AML Audit Support

LegalEase Solutions conducts audits and tests the effectiveness of Anti-Money Laundering (AML) compliance policies and procedures.

The audit is done in 3 phases:

Phase 1 - Document collection
Phase 2 - Document evaluation
Phase 3 - Compile findings into audit report for Compliance Manager

The audit conducts a review of

AML compliance manual
Client identification procedure
Record-keeping process
Risk management and assessment process
AML training program
Monitoring and management information systems
Previous audit reports

AML Policies & Procedures

LegalEase Solutions compliance experts and attorneys draft tailored AML policies and procedures that are thoroughly researched, to ensure compliance with your company’s specific risk profile & regulatory obligations. Our team will invest the time and trouble to understand the implications and requirements of new regulations and design the policy and procedure accordingly.

AML Compliance Training

In collaboration with our technology partners, we have developed up-to-date AML training courses in order to provide insights and strengthen the knowledge of your team.

The AML Compliance Training:

Familiarize employees with the process of money laundering — the criminal business used to disguise the true origin and ownership of illegal cash, the laws that make it a crime, and the responsibilities of employees to help detect and prevent it
Monitor assessment scores and integrate completion of courses through your HR portal

Our anti-money laundering training will teach employees when to refer to anti-money laundering policy, how to follow anti-money laundering training procedures, how to spot red flags, and will encourage them to seek advice when raising concerns and reporting breaches.

Achieve AML Compliance with Our End-to-end AML Suite

LegalEase Anti-Money Laundering (AML) Compliance Services