Approve a covered-product AML program
Document product and distribution risks, controls and senior-management approval. Designate the compliance officer responsible for implementation and updates. Distinguish uncovered lines and any other independently applicable AML rules.
Event-driven
Before covered-product activity and after material risk changes
Document product and distribution risks, controls and senior-management approval. Designate the compliance officer responsible for implementation and updates. Distinguish uncovered lines and any other independently applicable AML rules.
- Approved AML program and covered-product inventory
Controlled record with date, owner, source and review history
AML compliance officer
Leela can prepare the artifact and hand it to a person for review.
Leela can prepare a draft and evidence checklist for the accountable reviewer. Adoption and legal conclusions require human review.
Tell Leela about your company to see whether this applies.
Tell Leela how you handle it today, or hand it over: see what’s next.