- Opening bank accounts
- AML consulting
- Business support
- Сompanies for sale
COREDO is a leading specialist in the financial sector, and our AML team is experienced in working with clients worldwide. In our work, we adhere to the principle of continuous learning – our specialists constantly monitor and master all AML innovations and actively apply the acquired knowledge in practice. We offer assistance in the implementation and support of a tailor-made AML system for your services in accordance with all legal requirements and regulations.
We offer turnkey development of your entire AML system, including setting up customer identification and verification processes, transaction monitoring, risk assessment, staff training, detecting suspicious activity, etc. The whole system is designed according to your business type, AML law and individual wishes.
AML regulations are the foundation for the proper understanding and application of AML principles, as they provide detailed instructions for you and your employees. The correct AML regulations must comply with the requirements set out in the AML law and be clear and practical.
Suppose you already have your AML regulations. In that case, we are ready to conduct an expert evaluation to check the compliance of the internal policies with the current AML law, identify possible shortcomings, and, if necessary, offer you options for improvement.
The onboarding process is an integral part of the business relationship because, at this stage, you need to get to know your client and understand why they want to work with you in order to avoid abuse of your services. But just as importantly, the onboarding process needs to be client-friendly, i.e., customer oriented. On the one hand, we can set up a comfortable and easy onboarding process for your clients, allowing you to carry out all the necessary procedures required by law.
We can help you better understand the legal requirements and explain complex legal language in simple terms. Understanding your tasks is a prerequisite for their successful completion.
Our staff training system is built primarily on the practical side of AML processes. You not only need to know the principles of AML but also understand why it is so important to put them into practice. Moreover, employee training is a continuous process, so we offer you not only an essential course for your employees but also seminars when there are innovations in AML occur.
Our range of services includes carrying out AML controls on clients following your internal regulations and procedures as the AML Act says they should be done.