AML Adjustment

AML adjustment refers to changes or updates made to an organization’s anti-money laundering (AML) policies, procedures, or systems. These adjustments are often necessary to comply with new regulations, address findings from audits, or improve overall AML effectiveness. Adjustments can involve updating training programs, enhancing detection systems, or modifying risk assessment criteria.

Regular AML adjustments ensure that an organization stays compliant with current laws and regulations while also addressing emerging risks. This proactive approach helps prevent money laundering activities and protects the organization from potential legal and financial repercussions.