AML RISK MANAGEMENT

Compliance Management

AML Risk Management Consultancy

AML risk management is a tool that enables reporting entities to define, appropriately manage and mitigate the ML /FT risks to which they are exposed. Reporting entities must define a risk management policy by taking into account the size of the business, the volume of business, and the nature of the transactions they undertake.

We support reporting entities in defining, managing, and classifying money laundering and terrorist financing risks.

AML RISK MANAGEMENT

5 Stages of

Our AML Risk Assessment Methodology

For a strong AML risk management model, we propose a structured approach that provides reporting entities with an accurate understanding of their risks and the effectiveness of controls over those risks.

Risk Definition

  • Defining the risk appetite
  • Making risk classifications
  • Identifying and weighing risk factors

Risk Scoring

  • Identifying and documenting key AML risks and controls
  • Scoring risks to identify critical points
  • Including corporate audit and previous risk assessment results

Control Matrix

  • Identifying areas to be improved
  • Preparation of risk and control matrix
  • Preparing action plans for high risk areas

Validation

  • Contacting other units and revealing additional points
  • Validation of risk and control matrix
  • Collection of basic control tests

Reporting

  • Preparing AMLTHINK Risk Dashboards for the presentation of the risk assessment results
  • Reporting of AML risk assessment outputs

Planning and program management

Communication with stakeholders

Traceability

AML SCENARIO OPTIMIZATION

Why

AMLTHINK

System assurance

Your AML risk management is ensured by the AMLTHINK system. In the event of any problems, you can call on AMLTHINK support.

Fully Compliant

AMLTHINK ensures that critical items in your program, policies, and procedures are fully compliant with current laws and regulations.

Proactive approach

With AMLTHINK, you transform your compliance from a reactive approach to a proactive approach to create more value for your business.

Compliance status analysis

AMLTHINK analyzes your compliance status so that you receive initial information about the measures to be taken.

Gap / risk detection

AMLTHINK uses an "on-site gap/risk analysis" to identify areas where you need to improve compliance, offers solutions, and provides an expert assessment.

Technical experience

In providing compliance services, AMLTHINK follows a systematic, methodology-based, and transparent process, with its team having technical experience in AML/CFT.