The UK is full of opportunities for business and many businesses around the world want to pass their transactions through UK markets. Unfortunately, this makes the UK a prime target for money laundering on a global scale. Rather than taking chances with your money laundering risk, empower your company to take control of its AML practices. Work with SILO Compliance to develop an effective AML program that incorporates state-of-the-art technology, training, and administrative practices to meet the growing needs for high-quality AML systems. Call SILO Compliance at +1 501-422-8300 to work with our team on your AML program.
Governance Risk and Compliance Solutions
Companies often need help in the form of governance risk and compliance solutions. SILO Compliance offers a collection of services designed to address the problems that companies often face when implementing an AML program.
SILO Compliance is dedicated to making AML compliance easier for everyone. Our services focus on several key concepts to ensure that your business is well-prepared for a variety of threats.
Our services focus on a risk-based approach to analyze potential problems and help you develop a measured response. Not only does this improve resource management, but it also minimizes that interruption to normal operations when a response is needed.
FCA PEP Guidance
With the number of Politically-Exposed Persons (PEPs) involved in global transactions increasing, it is important for companies to know how to manage accounts involving PEPs. We use the FCA PEP guidance to develop solutions that improve due diligence practices and offer better protection because of our attention to detail.
SILO Compliance is dedicated to helping companies improve their AML compliance programs. Our services cover the areas where companies struggle the most including:
Through AML training, you can prepare your staff members to identify a long list of potential threats while they work. Knowing what money laundering looks like is an important part of being able to stop it. Your staff also needs to understand how to respond effectively. They only learn this through the training that you provide.
SILO Compliance has a collection of training resources to help you build an AML training program that meets regulations and turns your staff members into your strongest defense against money laundering.
Administering an AML training and operations program can be a complex process. Financial regulations alongside the complexities of everyday options make it difficult to keep everything running smoothly. SILO Compliance has the software to help you solve administrative problems.
Our software options include:
- AML monitoring systems bring all of the data about your program into a single place for easy access and analysis.
- AML screening software to help you screen transactions and accounts for suspicious activity that could lead to legal action.
- Due diligence software to help you conduct thorough due diligence on potential clients to see what their connections are and if they may be involved in a money-laundering scheme.
SILO Compliances’ software may be the tool that you need to keep your AML compliance program in top shape. Let us show you what our software can do with a demo.
Many companies struggle to implement or improve their AML programs. At SILO Compliance, our team includes consultants that can assess your needs and help you develop an effective plan to make your AML compliance program an effective part of your management strategy.
Learn More About AML Solutions from SILO Compliance
SILO Compliance is committed to giving your the best resources to create your AML compliance program. Contact us at +1 (501) 422-8030 for a more detailed conversation about how we can help you improve your AML program.