AML Program
AP-02Maintain a board-approved written program covering the five pillars
How Leela would run itAnnual · approved at adoption; re-approved after each annual review or material change
From the policy libraryThe requirement
The Company maintains a written AML program with the five elements the rule requires: internal policies, procedures, and controls; a designated AML Compliance Officer; ongoing employee training; independent testing; and risk-based customer due diligence. The board and the chief executive hold ultimate responsibility for the program. The board approves this policy at adoption and re-approves it after each annual review or material change.
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
The work
Keep this policy and its supporting documents current against the five pillars, put the policy to the board for approval, and record the approval in the minutes.
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Approved policyCurrent version with the approval date and approver
- 02Board minutesResolution approving the policy, with date
Evidence
Approved policy
AML Program §3, §8.3
2
of 2 records
The work and the records come from this obligation in the policy library.