Doing business in South Africa can be rewarding, but it also has its risks. The potential for companies to be affected by money laundering increases every year as criminal and terrorist organizations take advantage of legitimate businesses to fund their activities. Fortunately, having a strong AML compliance program is the best defense that you can have.
Anti-money laundering regulations are improving, and widespread adoption is making it harder for money launderers to operate in South Africa. Make sure that your company is not the weak link in the AML defense by strengthening your compliance program.
At SILO Compliance, we have the resources to help you make the strongest AML compliance program that you can have. Call us at +1 (501) 422-8030 to learn more about how we can help you with AML compliance.
Our services are designed to help you improve the Anti-money laundering checks that you have in place, or help you design new ones. Let us help you build a more effective AML program using these options:
One of the ways SILO Compliance can improve your AML compliance program is through training. Our training program resources help you set up and monitor more effective training, making it more engaging, and keeping the content up-to-date with changes in regulations. We even have an anti-money laundering course online to let your staff members train anywhere and move at their own pace.
Software is an important part of AML compliance since most of the processes that you have to do are through software systems. Between creating reports, tracking training progress, and performing due diligence, you need a system that can handle all of these processes simultaneously. SILO Compliance developed software systems that can streamline your operations and bring all of your compliance needs into a single system. Learn more about how our software can work for you in a guided demo.
Figuring out the AML compliance guidelines on your own can be difficult. Fortunately, you don’t have to work on your program alone. SILO Compliance has compliance consultants that can work with you to redesign your anti-money laundering policy to make it more effective. Our consultants specialize in creating AML policies and can help you improve the overall quality of your program with specific, measured changes.
Learn More About AML Solutions from SILO Compliance
It is not unusual for a company to have difficulty creating and maintaining a high-quality AML program. The regulations can be complex and finding the right balance between AML protections and normal operations can make it difficult to focus on the required outcomes. That is why SILO Compliance is available to help.
Working with our experts in AML compliance makes developing an effective AML program much easier. You can also get access to our software systems and training resources to develop a more comprehensive program. With the right help, you can have the money-laundering protection that you need to work confidently in any market. Call SILO Compliance at +1 (501) 422-8030 for a detailed look at how we can help you.