Brilliant but simple software
AML HQ is focussed on providing Accountants and Bookkeepers with no-nonsense AML compliance software. Our cost-effective service will have you up and running in 1 hour.
Our compliance and tech teams go to extraordinary lengths to simplify AML compliance. We automate and augment AML processes to remove mundane steps and provide intelligent suggestions to support you every step of the way.
Risk Assessment
Staff Training
Policies and Procedures
Audit Ready
Identity Verification
Compliance through convenience
Risk assessments are essential, but they don’t have to be difficult.
Anti-money laundering risk assessments are an essential regulatory requirement. Every practice must adopt a risk-based approach and conduct risk assessments at a both a firm-wide and individual client level.
AML HQ provides you with intelligent risk assessments to help you quickly identify risks and document due process.
Risk Assessments help to:
- Assess the level of risk associated with their firm
- Use a risk-based approach to prevent money laundering
- Create robust policies, procedures, and controls that actively reduce the risk of financial crime
- Make informed decisions about clients
- Evaluate risk reduction measures
- Identify transactions and relationships that involve an at-risk or sanctioned party measures
Tailored policies and procedures to suit your firm
Firms must establish and maintain a framework of policies, controls and procedures to mitigate and manage the risks of money laundering. The framework should be proportionate to the size and nature of the business.
AML HQ provides you with a full framework of policies, controls, and procedures that can be tailored to your firm's requirements. We will notify you with updated guidance from your professional body or competent authority.
Our policies, controls and procedures cover every area of anti-money laundering compliance your firm might need to consider:
- A risk-based approach
- Client due diligence
- Record keeping
- Internal controls
- Ongoing monitoring
- AML Training
- Reporting procedures
- Compliance management
Fast, simple and secure identity verification
Effective identity verification is a key AML defense. By knowing who owns and controls a client, a firm not only fulfills its legal and regulatory requirements, it equips itself to make informed decisions about the client’s standing and risk.
AML HQ helps you onboard clients quickly and securely by using a combination of digital, physical, and biometric checks.
Our client due diligence process can be tailored to suit your needs and includes:
- Official company information checks
- Beneficial ownership verification
- Document proof and data extraction
- Biometric facial recognition
- Liveness check includes video and motion capture
- Configurable sanctions and PEP & screening
Compliant by design, make monitoring visits as painless as possible
AML inspections and monitoring visits can consume firms. Our automated processes help you stay on top of your compliance obligations.
At any time you can run instant reports and identify compliance gaps. At the touch of a button, our software allows you to produce comprehensive auditor extracts to evidence and demonstrate compliance.
If you have an AML query or an upcoming inspection our dedicated compliance team are always at the end of the phone.
Our tailored processes help you:
- Assess compliance and achieve compliance assurance
- Identify compliance gaps
- Ensure CDD documentation and evidence are readily available for inspection
- Review and respond to changes in your practice and legislation
- Access our dedicated AML compliance hotline
CPD content tailored to fit your needs
All professionals should receive continuing professional development (CPD) appropriate to their role. AML HQ provides you with the ability to track your staff’s training schedules and identify if there are any training gaps.
AML HQ provides access to a series of online CPD training webinar videos, on a variety of essential subjects and topics.
Each CPD course gives you access to:
- Virtual CPD courses and webinars
- Download supplementary training documentation
- Regular reviews and updates
- Documented training records
Simple onboarding process
Compliance made
easy
Our bespoke software uses a variety of tools that do the heavy lifting, saving you time and resources.
Low monthly fees
with additional services available on demand
Business Plus
up to 100 clients
plus VAT, per month
- Risk assessments
- Company information
- Client identification
- Track staff training
Premium
up to 300 clients
plus VAT, per month
- Risk assessments
- Company information
- Client identification
- Track staff training
Custom
300+ clients
Contact our team for custom pricing
- Risk assessments
- Company information
- Client identification
- Audit-ready assessment
- Track staff training
- Custom branding
- API
How we help you
Ensure you are always compliant
Simple and compliant workflows guide you every step of the way; from client files to firm-wide risk assessments and staff training. When you need to discuss a complex AML technical matter, our team are on hand to help you stay on track.
Streamline onboarding process
Automated anti-money laundering provides customers with a frictionless experience and speeds up the onboarding process.
Single centralised system
No technical integration is required - our secure portal is maintained in accordance with data protection regulations.
Reduce costs
Our efficient proces ensures staff can focus on value-added actions for your clients.
Be audit ready
Produce comprehensive auditor extracts to evidence and demonstrate compliance
Improve customer experience
We achieve compliance through convenience which reduces onboarding times and provides your clients with a modern, secure and professional impression of your firm.
FAQ
Adopting a risk-based approach to AML compliance ensures you will always remain compliant and on the right side of the regulator. This starts with a firm-wide risk assessment. AML HQ can quickly help you construct an effective risk assessment methodology that is cost-efficient and easy to implement. Our online risk assessment is designed to bring together every question you need to cover in your AML risk assessment in one, easily editable document.
Conducting the AML risk assessment will help you:
Develop policies, procedures and controls to reduce the risk of money laundering
Understand the level of risk associated with individual business relationships and transactions
Make appropriate risk-based decisions about clients
Identify risk sources and evaluate risk controls
Run successful AML compliance programs
Evaluate money laundering risk rating within a country
Record and monitor client files
You can import any existing CDD evidence, identity (passport or ID documents) or company records that you have previously collected for your clients.
You can choose to use our identity and company verification services for new clients. Alternatively, if you already have a subscription to other corporate information service providers, you can continue to use these services to source information and use AML HQ as your compliance risk tool.
The further benefits of using AML HQ is that you will avail of our:
Risk assessments (firm and client)
Audit-ready assessment to highlight any compliance gaps
AML training
Have access to optional enhanced services for high-risk clients
Ongoing monitoring for sanction breaches
AML HQ is focused on helping professionals to efficiently meet their AML obligations. Our software works in tandem with your existing systems acting as a secure hub for all AML records, policies and procedures.
We provide risk assessments, company look-ups, digital identification and verification of individuals and companies, AML training, AML compliance reporting and audit support that compliments your existing Practice Management software and processes.
Contact us to find out more about integrating with your existing Practice Management software.
Our technology is built upon guidance from The Central Bank of Ireland, The Financial Conduct Authority, The European Commission and The Financial Action Task Force.
AML HQ ensures your firm's policies, procedures, systems and controls are up to date and readily available. Our intelligent technology will spot any compliance gaps and notify you in the system if an action or task is required.
Transparency is key when it comes to an audit. At any time, you can run an instant firm-wide AML audit report. This is particularly useful to inform management on risk, allocate team resources or prepare for impending audits. At the touch of a button, our audit functionality allows you to produce comprehensive auditor extracts to evidence and demonstrate compliance.
AML HQ understands the importance of protecting your data and is committed to securing your data. All data managed within AML HQ is stored in state-of-the-art data centers that employ strong data security, preserve data residency and offer comprehensive compliance and resiliency. AML HQ uses logical isolation to segregate each customer’s data and rigorously prevents unauthorised access.
Contact our team if you would like to know about our information security, data protection, data segregation, redundancy, data retention, and disposal policies.
A money laundering risk assessment is a process that analyses a business's risk of exposure to financial crime. The process aims to identify which aspects of the business put it at risk of exposure to money laundering or terrorist financing.
Our analyst's constantly monitor for emerging AML regulatory changes. We also engage with the relevant competent authorities and monitor for guidance updates. When there are changes to the AML regime, our team reviews existing processes, policies and guidance and communicates material updates to our community, highlighting changes that require implementation.
Let's Chat
In just 15 minutes, we cover everything you need to be AML compliant.
