AML compliance support services – summary

Compliance support services:

Our dedicated and experienced compliance team provides continuous support with various services including:

• Support with manuals, policies, and procedures
• Outsourced compliance officer services
• Customised in-house AML training
• Independent AML and Regulatory audits
• Support with STRIX and Entity Business Risk Assessment
• Assistance with MLRO and Risk Officer services
• Assistance with any compliance regulatory and AML/CFT related queries.

Anti Money Laundering documentation

Whether you are a Real Estate Agent, Yacht Broker, MFO, Asset Manager, TCSP, Accountant, Lawyer, Notary or any other subject person, you are required to have measures, policies and procedures in place that are adequate to prevent the carrying out of operations that are related to money laundering, the funding of terrorism, or the proliferation of weapons of mass destruction, or corruption. You are also obliged to put in place sanctions and asset freezing verification measures.

The AML manual, which forms part of the entire compliance management system, lays down the internal procedures subject persons should adopt to identify and mitigate these illegal transactions.

Customer Due Diligence (CDD) forms enable subject persons to collect information on their clients which is then checked with the Customer Acceptance Policy in order to determine whether the client is associated with any risks, and can be used to adapt ongoing monitoring accordingly.

Why do you need a compliance software ?

1. Business risk assessment obligations.
2. Daily Client and counterparty vigilance obligations (Adverse Media, PEP and Enforcement screening checks).
3. Daily Sanctions screening.
4. KYC document management with expiring document alerts.
5. Client Risk Assessment obligations.
6. Periodic review obligations based on risk levels.
7. Evidence of clearance of false alerts.
8. Regulatory reporting data tool.

LEXCO KYC Portal

The LEXCO KYC Portal is a comprehensive AML compliance software tool designed to help organisations of any size or type efficiently manage and consolidate all information related to entities and applicants under review. It provides a single, centralised, and secure repository with fully customisable parameters, fields, rules, user permissions, and collaborative workflows.

The benefits of the LEXCO KYC Portal are:

• ‘Ready to go’ AML customer due diligence system
• Easily customisable solution
• Fully automated real-time risk assessment
• Fully recorded customer audio and video calls
• Can be updated in case of regulatory changes
• Ongoing daily customer screening for sanctions, enforcements, adverse media and PEP searches.

Unique features: 

• Embedded and Audited Customer Outreach Modules: Fully recorded audio and video calls, biometric facial recognition, and instant, audited customer chat.

• Real-Time Risk Monitoring: Customisable regulatory processes and dynamic risk assessment.

• Integrated Workflows: Built-in engines enabling clients to adapt and streamline the regulatory process effortlessly.

As the exclusive provider of LEXCO KYC Portal in Monaco, Rosemont International offers a cutting-edge compliance solution tailored to your needs.

A secure and automated platform ensures seamless risk assessment, client due diligence, and regulatory reporting, helping businesses stay ahead of ever-changing compliance requirements:

• AML/CTF-P-C risk management tool,
• Restricted access to confidential KYC documents,
• Dynamic tool adapted to your company, and to an evolving risk environment,
• Reputational risk management.