Video | Managing Anti Money Laundering (AML) and Compliance for your Money Service Business September 21, 2023
To ensure the smooth and secure operation of your business, it’s essential to be diligent in navigating AML requirements while remaining compliant with the latest regulations in your operational regions. In our third instalment of the ‘How to Start Series,’ Ibrahim delves into one of the fundamental pillars of your Money Service Business (MSB): Anti-Money Laundering (AML) and Compliance, he guides you through the essential steps such as:
- Implementing a risk-based strategy tailored to your products/services.
- Establishing a comprehensive AML and compliance framework, including its key components
- Selecting the appropriate software technology that has the right capability to support your needs
Find out the insightful strategies to safeguard your MSB against potential threats, watch the full video now.
Ready to dive deeper into launching your own MSB?
Contact our expert consulting team at RemitONE today and organise a free 30-minute consultation. Let us guide you towards success and help you get your money service business up and running as fast as possible. Schedule a free consultation with our experts:
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