A financial Institution is a company which is engaged in dealing with financial and monetary transactions such as Deposits, Loans, Investments, Currency Exchange and Other Services. It is regulated by Central Bank of any country in which it operates.
Thus, in order to mitigate the risk of non-compliance with AML/CFT/CPF and Other Regulations which may result in organization being fined and penalized by the Regulatory, it requires a complete AML Solution including the following:
