Discover AML for CSA Today
AML for CSA is based on the requirements set forth under the FATF recommendations and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (cap. 615).
The System Includes:
1. Client Information and Certification
2. Know Your Client (KYC)
3. Risk Analysis Report
4. Client Due Diligence (CDD)
5. Sanction Check (UN, China, US, EU, UK, Australia, Canda, Japan, Switzerland and more)
6. Wanted/Fugitive Lists (Interpol, FBI, ICAC, HK Police, EuroPol, World Court)
7. PEP Private Check
8. Sanction/PEP/Fugitive Control Center
9. Policy Manual and Training Record
Our Mission
To provide a system that is straightforward, fast and simple for the handling of anti-money laundering and counter-terrorist financing (“AML/CTF) matters, fully utilizing and supporting your existing CSA database for all AML/CTF tasks, with no repetition of data entry.
It is also a private system that prevents you, as a professional firm, from the chance of disclosing your clients’ information to outside agencies through public websites during the search.
Why do you need AML?
According to law, all licensees of Trust or Company Service Providers (“TCSP”) must have the AML/CTF system to do the following:
01
To implement the stated policies, procedures, and controls on AML/CTF.
02
To assess country, delivery channel, product, and custome risks.
03
To appoint a Compliance Officer and Money Laundering Reporting Officer.
04
To keep records of source documents, compliance procedures, and training.
Achieve Compliance
What are the benefits?
01
Fast, Accurate, and Automatic:
AML for CSA (hereinafter referred to as “AML system”) draws necessary data from CSA’s master files automatically without human interference and format conversion. This works great on weekly or monthly sanction checks, PEP listing, or customer current profile compilation.
02
Private and Confidential:
This is your private system, with no client data leakage to outside agencies.
03
Low Cost:
Nominal license fee, very low monthly fee, and flexible service terms greatly reduce operating overheads.
