Anti Money Laundering (AML) compliance support

Connective Payments supports you in onboarding your clients and updating your existing client files.

Anti Money Laundering (AML) compliance support

Know Your Customer (KYC)

  • Establish the customer’s identity
  • Understand the nature of a client’s activities and verify deposited funds are from a legitimate source
  • Screen new customers against lists of crime suspects, individuals and companies under economic sanctions, and “politically exposed persons”—foreign public officials, their family members and close associates
  • Review policies and procedures
  • Analyse market trends and customer behaviour
  • Customer Due Diligence, ensuring the information a potential customer provides is accurate and legitimate
  • Requires ongoing assessment of the risk of money laundering posed by each client and the use of that risk-based approach to conduct closer due diligence for those identified as higher non-compliance risks. That includes identifying customers as they are added to sanctions and other AML lists.

Anti Money Laundering (AML)

Refers to the laws, regulations, and procedures aimed at uncovering efforts to disguise illicit funds as legitimate income.


  • Assisting with the development, implementation, and maintenance of an anti-money laundering program within an institution and ensuring compliance with current AML regulations, and other relevant legislation
  • Developing and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering
  • Keeping and maintaining records of high risk customers, and reporting suspicious activities to the authorities
  • Briefing and reporting to senior management on matters relating to internal AML compliance policies and procedures
  • Overseeing and implementing an ongoing AML training program for other employees
  • Conducting compliance testing, reporting relevant threats to senior management, and acting as an intermediary between their company and the relevant financial authorities

Does this sound interesting? Let’s get in touch!

For more information on our instant digital onboarding service, click here

Diana Raicu

Connective Payments
Compliance consultant
+31 682584996

Eppo Heemstra

Partner Connective Payments
Partner, PSD2 lead & Compliance
+31 620 352 007