HR Terminology AML Checks

Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.

Please enjoy reading!

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What are Anti-Money Laundering (AML) checks?

AML checks are identity examinations performed to ensure:


  • All of the investors are who they say/ claim to be,
  • And to ensure that they are not investing for someone else or on their behalf.

Facts about Anti-Money Laundering (AML) checks:


  • In most cases all the checks are done via electoral data and completed in the background.
  • Identifying money laundering tactics and reporting the, are an obligation under the AML regulation laws that all business and financial institutions should be taking.
  • When taking upon a client for the first time the company must assess the customer’s behaviour to determine any suspicious activity being taken place during the time period.
  • It is significant for some industries like housing, law, and accountancy etc to carry out AML checks.
  • Those who do not comply with these regulations are getting handed fines as a consequence.
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