XCH , is Financial Advisory Firm, and we are specialised to provide Internal Audit and AML Compliance Support Services to:
– Administrative Services Providers (ASP’S) regulated by CySec.
– Administrative Services Providers (ASP’S) regulated by Cyprus Bar Association.
– Administrative Services Providers (ASP’S) regulated by Institute of Certified Public Accountants of Cyprus.
– Cypriot Investment Firms (Forex) regulated by CySec.
Institute of Certified Internal Auditors
Association of Certified Anti Money Laundering Specialist.
Anti-Money Laundering and KYC Software
In cooperation with a company which is specialised for professional software’s, we have designed and developed the XCH – AML &KYC Software.
The Software is according to :
– Financial Action Task Force (FATF) 40+9 Recommendations
– Prevention and Suppression of Money Laundering and Terrorist Financing Law/2007.
– Anti-Money Laundering Directive DI144/2007/08
– International Compliance Standards from Association of Anti – Money Laundering Specialists
Anti-Money Laundering – KYC Software Specifications:
- The software is 100% computerised.
- Designed by Certified Anti Money Laundering Specialist.
- Open of Unlimited number of clients.
- Facility to attached documents such as: Passport, utility bill, Company’s Certificates.
- Automatically Client Risk Categorisation.
- Due Diligence and KYC procedures according to FATF 40+9 Recommendations and to Prevention and Suppression of Money Laundering and Terrorist Financing Law.
- Computerised Monitoring evaluation report.
- Computerised Internal Suspicious Report.
- Notification when you are obligate to perform monitoring of the client according to the Client Risk Categorisation
- New Beneficial Owner report, presenting:
The names of all companies hold from each Beneficial owner.
Percentage of each company.
Risk of each company.
In case of High Risk , the reason why the company categorised as High Risk.
- Time Efficient (10 times more efficient than manual proceeding)
- More effective and accurate procedures.
- Using our Software you will be 100 % comply with International Standards of AML Compliance.
- Using our Software you will be 100% comply with Prevention and Suppression of Money Laundering and Terrorist Financing Law.
We will be very pleased if we could arrange meeting for a brief presentation of the AML – KYC Software. Send us your information by going to our contact us page or by chat.