The Sounder Maps: Your AML Guide
The Money Laundering Act 2018 brings new challenges, new sanctions, but also new opportunities. We present a structured approach on how the law's obligations can be implemented. Using technology, you can, in fact, reduce resources spent on reporting.
The article was last updated on October 12, 2018. The original version is written in Norwegian here.
Guiding process charts
During the last couple of months, Quesnay has together with professor Jon Petter Rui developed a method aiming to inform and facilitate an effective approach to the new AML regulation. With a series of guiding charts, the whole customer process is considered; from customer onboarding to risk evaluation, iterative follow-ups and possible investigations. In all essence, it is a simple tool available to anyone and everyone. The purpose of the visualizations is to help cross-functional teams in licensed enterprises to work together and meet the regulations more efficiently.
- Sounder 1: Corporate risk assessment
- Sounder 2: Routines
- Sounder 3: Customer onboarding
- Sounder 4: Iterative follow-up
- Sounder 5: Examination & reporting