AMLCC has enabled 1000s of businesses to pass their supervisory visits.
We’re endorsed by AML supervisors and professional bodies.
A complete anti-money laundering compliance, risk management and education solution.
Everything any Designated Non-Financial Business or Profession (DNFBP) needs to meet its AML requirements is built into the AMLCC platform. By following the simple instructions, you can easily tailor AMLCC to match your business’ risk profile, regardless of business size.
As well as formal training videos, each business-wide & client risk-assessment question shows guidance & ways to mitigate risk, educating your employees & empowering them to act decisively.
Business-wide risk assessment
All online, this fully editable assessment replaces your spreadsheet or printed manual. Questions collated from multiple sources cover every possible scenario. Secondary assessments cover risks faced by individual departments
The AMLCC online platform provides you with a comprehensive, editable policy document that’s automatically kept up-to-date with the latest anti-money laundering rules & regulations.
Client risk assessments
An exhaustive set of questions for every client type, plus secondary assessments for individual transactions & assignments. All quick to complete & updated regularly. The platform automatically highlights risks, explains them & suggests suitable mitigation steps.
Produce a complete copy of a client’s AML files instantly. AMLCC autosaves all policies, risk assessments, training records & checks done through the system, plus any documents you upload.
Suspicious activity reporting
Submit an internal suspicious activity report through the platform. It guides employees to input extensive details, saving you time when submitting your full report to the authorities.
Financial sanctions & counter-terrorism financing also feature in all of our training, as well as the AMLCC business policy, business-wide risk assessment and client risk assessments.
Client identity validation
Quickly make an informed decision about a client. The platform checks their name, address and status with multiple sources & gives guidance on high risks. Results are saved to your client’s profile.
Biometric identity verification
Multi-point facial recognition and liveness detection give you the peace of mind that your client is who they say they are. Results are returned quickly & saved directly to your client’s profile.
How to use AMLCC
AMLCC can be used by any Designated Non-Financial Business and Profession (DNFBP)
We’ve designed AMLCC to be fully customisable to your business, whichever regulated industry it’s in.
- Accountants, bookkeepers, tax advisors, auditors & insolvency practitioners
- Lawyers, notaries and other independent legal professionals
- Trusts or company service providers (TCSPs)
- Property, real estate & letting agents
- Dealers in precious metals & stones
- Auction platforms
- High-value dealers
- Art market participants
- Casinos & other gambling service providers
- Cryptoasset exchange & custodian wallet providers
We are AML experts first, tech firm second.
Compliance isn’t easy. We know because we’re regulated professionals ourselves. As a licensed insolvency practitioner and chartered accountant, our founder Richard Simms has seen the importance of AML but could never find the right tool to deal with this threat head on. So he created AMLCC to solve the AML challenges that he and all regulated businesses face every day.
Since 2008, we’ve provided 13,000+ UK accountants, bookkeepers and tax professionals with complete AML risk management, compliance and education. Now AMLCC is available to all Designated Non-Financial Businesses and Professions (DNFBPs) worldwide, in multiple languages.
If your regulated industry would benefit from using AMLCC, wherever you are in the world, please contact us to explore customisation options.
I have found AMLCC online service an excellent tool in assisting with meeting our obligations in respect of Anti Money Laundering. There is clear and simple guidance on training staff, and a full package of reports to confirm a client’s identity, perform a risk assessment, and carry out reporting duties. These are all stored online to ensure our company is fully compliant and ready if we receive an inspection from our Monitoring Officer.
I certainly would not wish to be without my AMLCC product. The method of client verification and risk assessment enables me to carry out due diligence with relative ease. Their monthly email is also useful as it contains tips and guidance. Importantly, I also know that I am prepared should I be subjected to an inspection.
As a small practice owner, I have to ensure that myself and all my staff are fully aware and understand the current legislation regarding money laundering requirements. The Anti-Laundering product provided by AMLCC is easy to use and enables me to fulfil my responsibilities of ensuring my practice is compliant with the regulations without significant time input.
The AMLCC software keeps accountants compliant, up-to-date and trained as well as providing a framework to record all the work undertaken. That’s why the ICPA not only recommend this product but were the first to also provide it completely free to all our members.
At Newton and co we use The AMLCC software to comply with the complex world of Money Laundering. This package is a comprehensive answer to the control and administration of MLR. Both me and my staff find it easy to use and a fantastic tool to help comply with the stringent standards of AMLR. I would look no further than this product as it has been well thought out for the Accountancy Practice. 10/10.
We recently had our Practice Assurance visit by the ICAEW which was really the ultimate test for the product – our reviewer was impressed with the manual that is supplied along with the online software. He could see we had systems in place and the software showed him clearly that staff were trained in the area – it even told him when they were trained! I view the products major benefits as saving time, a great tool for training staff cost-effectively and being an up to date procedural bible that I can turn to when I’m not sure of my obligations and responsibilities.
AMLCC is a complete compliance solution, allowing accountants to easily maintain and evidence their AML compliance all in one place. It contains all of the tools and guidance needed for an accountant to meet their AML obligations, giving peace of mind that their practice will be compliant when they follow the system. This is why we recommend AMLCC to our network of accountants.
AIA recommends AMLCC to its members to support compliance with the Money Laundering Regulations and help prevent their exposure to economic crime.