AML consulting

Understanding AML

Anti-Money Laundering (AML) covers the policies and procedures that companies put in place to meet legal standards designed to stop illicit funds from being used for legitimate purposes. International bodies such as the International Monetary Fund (IMF) and the Financial Action Task Force (FATF), together with regulatory authorities, set and enforce AML frameworks to counter money laundering and terrorist financing. These rules require financial institutions to monitor and report suspicious activity proactively. Our AML team offers expert support so that businesses can meet these obligations effectively and stay compliant.

AML Support

Keep your business aligned with local and international Anti-Money Laundering (AML) regulations through COREDO’s expert support. We offer end-to-end AML services shaped around the specifics of your industry and jurisdiction. From initial consultation to full roll-out, our aim is to simplify compliance so that you can concentrate on growth free from regulatory risk.

Our AML support covers:

  • AML compliance consultations
  • Drafting and roll-out of AML policies and procedures
  • Risk assessment and internal control frameworks
  • Continuous regulatory monitoring and updates
  • Help with transaction monitoring and reporting
  • Staff training and awareness programmes
  • Assistance with licensing-related AML obligations

AML Audit

Safeguard your business with a professional AML audit built to gauge how effective your anti-money laundering policies are and to confirm full compliance with local and international regulations. COREDO carries out thorough, business-specific audits that help reduce financial crime risk and leave you well prepared for regulatory inspections.

Our AML audit covers:

  • Complete review of AML policies and procedures
  • Verification of compliance with local and EU AML laws
  • Audit tailored to your company’s risk profile
  • Gap analysis and pinpointing of weaknesses
  • Practical recommendations for improvement
  • Assessment of CDD and KYC processes
  • Detailed audit report for internal or regulatory use

AML Outsourcing

COREDO provides end-to-end AML outsourcing services built to fit your business requirements and the latest regulatory standards. Our expert team keeps your company in strict compliance through customised systems, clear internal policies, continuous support, and employee training. We help you reduce risk and improve operational efficiency by delivering dependable AML solutions matched to your particular needs.

Key elements of our AML outsourcing service:

  • Bespoke AML system development
  • Drafting of compliant internal AML regulations
  • Expert review and enhancement of AML systems
  • Streamlining of client onboarding
  • Continuous AML compliance support
  • Hands-on employee AML training
  • Comprehensive due diligence services

AML Training

Stay ahead of regulatory requirements with COREDO’s AML Training programme, designed for professionals and teams in the financial and compliance sectors. The training equips your staff with current knowledge and practical skills to meet both local and international AML standards with confidence.

Our AML training addresses:

  • Core AML principles and regulatory frameworks
  • Applying AML procedures in real-world situations
  • Certification for AML professionals
  • Role-specific training for compliance teams
  • Programmes for PSPs, EMIs, and crypto companies
  • Flexible delivery, whether online or on-site
  • Corporate sessions shaped to your business needs

AML Frequently Asked Questions (FAQ)

1. What is Anti-Money Laundering (AML) and why does it matter?

AML is the body of laws, regulations, and procedures intended to stop criminals from passing off illegally obtained funds as legitimate income. It is vital for shielding your business from financial crime risk and for ensuring regulatory compliance.

2. How can COREDO assist with AML compliance?

We provide end-to-end AML support — consultations, policy development, risk assessment, transaction monitoring, staff training, and continuous regulatory updates — all tailored to your industry and jurisdiction.

3. What does an AML audit entail?

Our AML audit examines your existing policies and procedures in depth, verifies compliance with local and international laws, identifies gaps, and offers practical recommendations to strengthen your AML framework.

4. What advantages does AML outsourcing offer?

Outsourcing AML functions to COREDO gives you expert-designed, customised AML systems, clear internal regulations, ongoing compliance support, and hands-on employee training — together lowering operational risk and cost.

5. What sort of AML training programmes do you provide?

We deliver comprehensive AML training spanning core principles, regulatory updates, role-specific courses, certification programmes, and flexible delivery (online or on-site), tailored for compliance teams, PSPs, EMIs, and crypto companies.

6. How does COREDO support client onboarding under AML rules?

We refine your client onboarding processes so they remain user-friendly while staying fully compliant with AML standards, cutting friction and mitigating risk at the same time.

7. What do your due diligence services include?

Our due diligence comprises thorough client identity verification and risk checks aligned with your internal policies and regulatory requirements, so that only legitimate and compliant customers are onboarded.

8. How frequently should AML policies and systems be reviewed?

AML policies should be reviewed on a regular basis — at least once a year or whenever regulatory changes arise. COREDO provides ongoing monitoring and updates to keep your AML framework current.