Anti-Money Laundering (AML) Overview

Meet your every point of the compliance journey with FullCircl's range of AML solutions. Our platform and services unify best-in-class global data into a consumable package to help your business apply a true risk-based approach.

FullCircl's suite of AML data services enables you to screen against robust datasets from the onboarding stage through to ongoing monitoring, ensuring an effective compliance workflow.

Benefits of FullCircl AML

• Access to multiple best of breed global AML data suppliers.
• Tailored alert matching to meet your individual compliance standards.
• Granular data breakdown to enable a truly flexible risk-based approach.
• Filter alerts based on auto-remediation criteria. Ex-PEPs, country, entity matching and more.
• Fully integrated into onboarding, screening & case management tools for a single customer view.
• Complete alert management functionality and audit history to fulfil compliance requirements.

Combine with KYC software, fraud prevention tools, and document verification with facial comparison for a full compliance stack.

How it works

All of the below datasets can not only be used for initial onboarding and ongoing monitoring purposes but also at point of payment transactions.

Level 1: Senior Political Figures List

Head of state and high ranking government figures around the world.

Level 2: PEP Select List

All of the above plus:

• Regional, current and former PEPs.
• Family members with PEPs.
• Close associates with PEPs
• Financial Action Task Force (FATF) defined PEP categories.

Level 3: Watchlist

All of the above plus:

• A much broader spectrum of civil servants, political party officials, senior members of the police force, city mayors, national NGO officials, political pressure and labour group officials.
• Global law enforcement wanted lists.
• Regulatory enforcement actions.
• Global adverse media
• Global sanctions lists.

Sanctions lists

• O.F.A.C (Office of Foreign Assets Control)
• US Treasury Department
• French Asset Freeze List
• HMT (His Majesty's Treasury Department - UK)
• European Union
• Government of Netherland National Terrorism Sanction List
• United Nations
• Office of the Superintendent of Financial Institutions
• Option to include all other global sanctions lists

For more information on integrating FullCircl's AML software, book a free demonstration here.