AML Record Review

AML record review is the process of examining AML-related documentation to ensure accuracy, completeness, and compliance with regulations. This review involves checking customer files, alert logs, investigation summaries, and any related correspondence to verify that the organization is following its AML policy and protocol.

Conducting regular AML record reviews helps identify gaps in compliance practices and ensures that any potential issues are addressed promptly. This practice supports ongoing improvement in the organization’s AML program and prepares it for regulatory audits.