AML Escalation

AML escalation is the process of raising an AML case or alert to a higher authority within an organization when additional oversight or action is required. This typically occurs when an alert is determined to be high-risk or complex, necessitating further investigation by senior compliance officers or specialized teams. Escalation ensures that critical cases receive the appropriate level of attention and expertise.

Having a clear escalation process in place is vital for effective AML management, as it helps organizations handle significant risks properly and comply with regulatory requirements by demonstrating thorough investigation and decision-making practices.