Anti Money Laundering (AML) Checks

Check your candidates and customers for potential illegal activity

Ensure that your customers and candidates are above board with a comprehensive AML check, either independently or as part of a comprehensive employment screening package. Sign up for a free quote.

What is an AML check?

An AML check is a vital component of employment screening and customer due diligence to ensure that your candidates and customers are not attempting to launder money through your business/company, which is particularly relevant for banks and other financial institutions.

Anti money laundering refers to a set of laws, regulations and procedures intended to prevent people from disguising illegally obtained funds as legitimate income. Most nations have relevant legislation or laws to govern anti money laundering.

Identification

Why conduct AML Checks?

There are two important reasons why businesses should conduct AML checks:

  • Protect your business from involvement in criminal activity. Screening your candidates and customers will help to minimise risk and ensure your company has no involvement in criminal activity.
  • Ensure your business is compliant with the legislation and regulations relating to AML. Due to the increasing pressure on financial institutions to “know your customer” (KYC), AML checks are vital to ensure you avoid fines and other legal ramifications.

Get
Started.

Want to talk background checks or brainstorm about hiring solutions? Need us to just listen? Whatever the reason, we are here to help.

When should you conduct AML Checks?

AML checks should be conducted by any company where there is potential for employees and/or customers to pass finances or assets off as legitimate transactions. We would recommend that banks or financial institutions conduct AML checks when hiring employees, when new accounts are opened (as part of your customer due diligence screening), and as an ongoing check to monitor deposits, transactions, and any suspicious activity.

Why choose Sterling RISQ to conduct your AML Checks?

Sterling RISQ are experts in conducting AML checks with years of experience in the industry. Our database is updated daily in real-time and is derived from thousands of public sources.

We are also able to provide you with related services like anti-corruption screening and screening for potential terrorism links to provide you with a holistic screening service that you can rely on. Protect your business by getting in touch with us to obtain a free quote.

Learn more about how
we uncover risk.

Get
Started.

Want to talk background checks or brainstorm about hiring solutions? Need us to just listen? Whatever the reason, we are here to help.

Contact Our Offices

Email: info@sterlingrisq.com

AUSTRALIA

Suite 902, Level 9
50 Berry St
North Sydney 2060
Australia
Phone: +612 9392 8888

SINGAPORE

101 Thomson Road,
#10-1 United Square
Singapore 307591
Phone: +65 6352 7390

CHINA
Beijing

1508. Bldg.B, Jia Tai International Tower
No.41 East Fourth Ring Middle Rd
Chaoyang District
Beijing, China 100025
Phone: +86 4006 516 177

Shanghai

Room 5-131, 5th Floor, World Trade Tower
No. 500, Guangdong Road
Huangpu District
Shanghai, China 200001
Phone: +86 4006 516 177

MALAYSIA

Suites W307 & W308, 3rd Floor,
West Wing, Wisma Consplant 1,
No. 2, Jalan SS16/4, 47500 Subang Jaya,
Selangor Darul Ehsan
Malaysia
Phone: +603 5630 1125

PHILIPPINES

5/F Science Hub Building, Tower 4
McKinley Hill, Taguig City
Philippines 1634
Phone: +63 (02) 7795 9229

Hong Kong (SAR)

Unit C, 11/F, On Hing Building,
1 On Hing Terrace,
Central, Hong Kong
Phone: +852 2525 2331

Taiyuan

503 Bldg.2, Zhulian Tower
No.129 Changfeng Street
Xiaodian District
Taiyuan, China 030006
Phone: +86 4006 516 177

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