Ongoing monitoring ensures you identify changes in client circumstances that can increase money laundering risk. Regulators require firms to review clients regularly.
GoProposal AML simplifies this process by:
Alerting you when renewals are due
Providing Know Your Client (KYC) and risk assessment templates
Guiding you through the required steps
Automating updates to save time
How to find clients needing renewal
Go to the Contact Hub.
Check the Proposal column.
The system highlights any clients you need to renew with a Renewal due note.
Click View to see the details.
Select the AML tab to view clients with upcoming renewals.
How to carry out a renewal
select the AML tab.
Click Launch next to the check you want to renew.
on the next screen, select the Know Your Client check or Risk Assessment check.
Enter the client's information when prompted.
Click Finish Renewal to save.
A success message confirms completion.
Download completed assessments using the arrow next to Completed.
How to amend a renewal date
Go to the Contacts Hub.
Click View next to the relevant contact.
In the Contact Details section, click Edit.
Set the new date for renewal and click Save.
Need Support?
Visit the Community Hub or contact us in the chat.