Finance Institution Meeting Customer Due Diligence and AMLA Requirement

Ensuring compliance for loan applications

Services used

Problem

Struggling to comply with Malaysia's stringent AMLA/CFT regulations while maintaining smooth operations throughout the branches across the country.

Solution

Risk Check provided a comprehensive risk screening tool, enabling them to identify and meet compliance.

About

A leading financial institution in Malaysia faced the uphill task of finding a solution that was fast and easy to implement and reliable enough to meet Bank Negara’s rigorous Anti-Money Laundering and Counter-Terrorsim Financing (AMLA/CFT) requirements.

Conclusion

With HaloCheck’s Risk Check, the financial institution was able to implement our screening solution in less than a week. This allowed them to fortify their reputation as a trusted institution, assuring customers of their commitment to a safe and secure financial environment.

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