AML
Compliance
Simplified

Whether you’re a FinTech, Money Services Business, Virtual Asset Service Provider, Payment Service Provider or other reporting entity, we make it easy for you to comply with Anti-Money Laundering & Anti-Terrorist Financing legislations in your jurisdiction.

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Who we are

About
AML Lens

01

Automation

Our work focuses on utilizing modern technology and global best practices to simplify compliance tasks. We help you reduce costs and improve efficiency at the same time, without compromising on your compliance obligations. Our customer base primarily consists of early to mid-stage reporting entities referred to us.

02

Experience

We see the full spectrum of compliance issues, ranging from registration to reporting, and we excel in providing compliance assurance to our clients. With our experience, we help reporting entities mitigate financial, reputational, fraud, legal and compliance risks, safeguarding your company’s brand and assets, and meeting regulatory and stakeholder expectations.

03

Global
Reach

With expertise across different jurisdictions, our team offers invaluable advice and consulting services on regulatory compliance, anti-money laundering, and counter-terrorist financing. We cater to multiple jurisdictions including the United States, EU, Canada, United Kingdom, UAE, Australia and Africa.

Our Services

We offer a wide
range of services

We help entities to register their Money Services Business in Canada (FINTRAC), USA (FinCEN) and other jurisdictions.

We assist with the entire application process, including:

  • Incorporating your business
  • Collection and submission of information required by the regulator
  • Renewing your MSB license
  • Support wtih obtaining bank accounts

Contact us today for your MSB registration needs.

We have a network of compliance talents and can help you recruit a suitable candidate for your short and long term compliance needs.

We efficiently facilitate the matchmaking of job seekers and employers, enabling them to achieve their maximum potential together.

Contact us today for your compliance staffing needs.

We build your AML/CTF Compliance program by drafting the required policies and procedures, risk assessment, sanctions policy, and more.

We can review existing policies and procedures to ensure your company is compliant with current regulatory changes. We will design your Transaction Monitoring policy and procedures and will help you mitigate fraud.

Contact us today to develop or review your AML compliance program.

With years of experience tackling complex compliance issues, we can support your business to remediate non-compliance with regulatory requirements. We can help you address your backlog of traditional or crypto investigations and file Suspicious Activity Reports where required.

We will address and resolve issues related to non-compliance with legal or regulatory requirements.

We can assist in implementing proper controls for sanctions screening and assist in mitigating false positives.

We can help your company to adhere to economic and trade sanctions imposed by governments, international organizations, or other regulatory bodies.

Reporting entities must comply with sanctions regimes to avoid significant legal, financial, and reputational risks. Sanctions compliance involves implementing policies and procedures to ensure that the company is aware of, and compliant with, all relevant sanctions laws and regulations. This includes screening customers, suppliers, and partners against sanctions lists, monitoring transactions for potential sanctions violations, and reporting any suspected violations to the relevant authorities.

A CAMLO/Compliance Officer is responsible for overseeing a company’s AML program, which includes implementing policies and procedures to prevent and detect money laundering and terrorist financing. CAMLO services may include conducting risk assessments, developing and implementing AML policies and procedures, training employees on AML compliance, monitoring transactions for suspicious activity, and reporting suspicious activity to the relevant authorities and regulators.

A CAMLO may be internal employee of a company or may be hired as an external consultant. Any staff assigned for the service would have extensive knowledge of AML regulations and best practices, and will be able to provide guidance on how to develop and maintain an effective AML program.

At AML Lens, we believe that technology can play a significant role in helping the compliance department to streamline its operations, increase efficiency, and reduce the risk of non-compliance.

Here are some technology implementations that we can implement that can benefit Reporting Entities:

  • Proper Compliance Management Software
  • KYC/KYB Onboarding Software
  • Document Management System
  • Training and Learning Management System
  • Effective Transaction Monitoring Systems

An independent audit or effectiveness review is a critical component of the compliance program of reporting entities. It is a requirement for reporting entities to periodically conduct such audits/reviews in order to comply with AML/CTF legislation in their jurisdiction.

The review assesses the adequacy and effectiveness of policies, procedures and mitigating controls in place to address the risks of money laundering and terrorist financing activities.

By conducting an independent audit, reporting entities can ensure that they comply with regulatory and legal requirements, maintain the trust of stakeholders, and minimize the risk of non-compliance.

Contact us today for your independent audit needs.

We offer advice and investigation support to victims of pig butchering, investment scams, romance scams, employment scams, wallet hacks, phishing schemes, ransomware attacks and similar illicit activities.

Most of our crypo investigation services are offered free of charge, except in sophisticated schemes that require significant time investments, where we may charge a nominal fee to cover some of our expenses.

Contact us today for your crypto investigations needs.

Our clients

We cater to
a wide range
of industries

Banks Real Estate Jewelers Credit Unions MSBs/VASPs Financial Service Providers
Banking

Financial entities must fulfill specific obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations to help combat money laundering and terrorist activity financing in Canada.

Real Estate

Real estate brokers, sales representatives, and real estate developers must fulfill specific obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations, to help combat money laundering and terrorist activity financing in Canada.

Jewelers

As a dealer in precious metals and precious stones, you are subject to PCMLTFA obligations once you engage in the purchase or sale of precious metals, precious stones or jewelry in the amount of $10,000 or more. In other words, you are not subject to these requirements if you only engage in purchases or sales of less than $10,000 per transaction.

Credit Union

Credit Unions must fulfill specific obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations, to help combat money laundering and terrorist activity financing in Canada, administered by FINTRAC.

MSBs / VASPs

Money services businesses (MSB’s) must fulfill specific obligations as required by the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA) and associated Regulations, to help combat money laundering and terrorist activity financing in Canada.

Financial Service Providers

Financial entities must fulfill specific obligations as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated Regulations to help combat money laundering and terrorist activity financing in Canada.

Get in
touch
with us
today!