Nexiant
Powered by MemberCheck

Compliance That Actually Works.

End-to-end AML/CTF compliance programmes with policies, procedures, training, and automated monitoring. Built to meet FATF, AUSTRAC, FinCEN, and global regulatory standards.

Request a DemoStart Free Trial
End-to-End
Compliance Programme
From policies through to reporting
0+
Jurisdictions Covered
FATF, AUSTRAC, FinCEN & more
Automated
Ongoing Monitoring
Real-time screening and alerts
Expert-Led
Implementation
Dedicated compliance team

Implementation Journey

From Assessment to Active Compliance

We build a comprehensive AML/CTF programme tailored to your business, jurisdiction, and risk profile.

1

Assessment & Design

We assess your current state, regulatory obligations, and risk profile. Then design a comprehensive compliance programme tailored to your business.

2

Policies & Procedures

Development of customised AML/CTF policies, procedures, forms, and checklists. Staff roles, responsibilities, and reporting lines clearly defined.

3

Staff Training

Initial training programme for all staff covering AML/CTF fundamentals, your procedures, and their specific responsibilities.

4

Systems & Monitoring

Configuration of customer due diligence workflows, transaction monitoring rules, and automated screening integration.

Programme Components

What's Included

A complete AML/CTF programme designed for your business and regulatory environment.

Compliance Policies & Procedures

Customised AML/CTF policies tailored to your business model, regulatory jurisdiction, and risk profile. Template-based approach accelerates implementation.

Staff Training Programme

Structured training modules for all staff. Quarterly refresher training ensures your team stays current with regulatory changes and emerging threats.

Customer Due Diligence (CDD)

Systematic collection, verification, and documentation of customer information. Manual CDD guides and automated screening integration for efficiency.

Enhanced Due Diligence (EDD)

Deep-dive investigation for high-risk customers. Detailed record-keeping for PEPs, beneficial owners, and high-risk jurisdictions.

Suspicious Activity Reporting (SAR)

Streamlined SAR preparation and filing. Template-based reporting aligned with AUSTRAC, FinCEN, and other regulator requirements.

Ongoing Transaction Monitoring

Continuous monitoring of customer transactions against risk profiles. Automated rule engines flag anomalies for manual review and SAR filing.

Compliance team reviewing AML procedures

100%

Regulatory aligned

Compliance

Why Compliance Matters

Proactive Risk Management

A strong AML/CTF programme protects your organisation from financial crime risk and demonstrates due care to regulators. It's not just about avoiding penalties — it's about building a culture of compliance.

  • Regulatory Confidence

    Documented, tested compliance programme that satisfies regulator expectations and reduces audit risk.

  • Financial Crime Prevention

    Systematic identification and prevention of money laundering and terrorism financing through your organisation.

  • Operational Resilience

    Clear procedures, trained staff, and automated monitoring create an organisation built to resist financial crime.

  • Global Alignment

    Programme built on FATF standards ensures compliance across multiple jurisdictions, not just your home market.

Talk to our compliance team
Full Programme Scope

What We Cover

Every component of a comprehensive AML/CTF compliance programme, from initial design through to ongoing audits.

01

AML Compliance Programme Design

End-to-end programme design covering policies, procedures, roles, responsibilities, and reporting lines for your compliance function.

02

Compliance Officer Appointment

Guidance on appointing a Money Laundering Reporting Officer (MLRO) or AML Compliance Officer as required by regulations.

03

Customer Risk Assessment

Structured approach to assessing customer risk across dimensions: profile, geography, transaction type, and behaviour.

04

KYC/CDD/EDD Procedures

Documented procedures for customer due diligence with appropriate evidence collection, verification, and retention.

05

Transaction Monitoring Ruleset

Rule engine configuration for automated monitoring based on your risk appetite, customer profile, and transaction types.

06

Sanctions Screening Integration

Ongoing screening against PEP lists, sanctions, and adverse media sources with real-time alerts.

07

Beneficial Ownership Verification

Procedures to identify and verify ultimate beneficial owners (UBOs) and persons of significant control.

08

Staff Onboarding & Training

Initial and ongoing training programme covering AML/CTF fundamentals, your procedures, and regulatory updates.

09

SAR Filing & Reporting

Streamlined SAR preparation aligned with regulator requirements. Automated logging and audit trail for all suspicious activities.

10

Independent Audit & Review

Annual independent audit of your AML/CTF programme to assess effectiveness and identify improvements.

How MemberCheck Compliance Compares

See how a comprehensive programme stacks up against fragmented, manual-heavy approaches.

Typical Solutions

  • Fragmented tools that don't connect screening to monitoring
  • Manual compliance processes requiring significant staff time
  • Outdated policies that don't reflect current risk landscape
  • No integrated training or ongoing education programme
  • Poor documentation and audit trail
  • Reporting that requires manual SAR assembly
  • Limited multi-jurisdictional support
  • Reactive compliance rather than proactive risk management

Nexiant (MemberCheck)

  • End-to-end programme from policies through to reporting
  • Integrated customer screening, monitoring, and reporting
  • Streamlined SAR preparation aligned with regulator requirements
  • Annual programme audit to ensure ongoing effectiveness
  • Staff training programme covering all regulatory requirements
  • Ongoing monitoring with rules tailored to your risk profile
  • Multi-jurisdictional support (FATF, AUSTRAC, FinCEN, etc)
  • Dedicated compliance support team for programme questions

Built on Global Standards

EMVCoPCI DSSPCI 3DSISO 27001ISO 27701GDPRDORA

Common Questions

Frequently Asked Questions

What is AML/CTF compliance?
AML stands for Anti-Money Laundering. CTF stands for Counter-Terrorism Financing. AML/CTF compliance refers to a set of laws and regulations that require financial institutions and other businesses to prevent money laundering and terrorist financing. Organisations must implement programmes including customer due diligence, transaction monitoring, suspicious activity reporting, and staff training. These requirements are set by international bodies like FATF and implemented by national regulators such as AUSTRAC (Australia), FinCEN (USA), and FCA (UK).
What are the key components of an AML/CTF programme?
A comprehensive AML/CTF programme includes: (1) Written policies and procedures, (2) A designated compliance officer, (3) Customer due diligence (CDD) and know-your-customer (KYC) procedures, (4) Transaction monitoring for suspicious activity, (5) Sanctions screening, (6) Suspicious activity reporting (SAR), (7) Record-keeping and audit trail, (8) Staff training and awareness, (9) Independent audit and testing of the programme. The programme should be tailored to your business model and risk profile.
What is Customer Due Diligence (CDD)?
Customer Due Diligence is the process of collecting, verifying, and recording information about customers to understand their identity and assess their risk profile. CDD typically includes: identifying the customer and verifying their identity (name, address, DOB), understanding the nature and purpose of the customer relationship, and assessing the customer's risk category (low, medium, high). The depth of CDD should be proportionate to the customer's risk profile — high-risk customers may require Enhanced Due Diligence (EDD) with more detailed information.
What is a Suspicious Activity Report (SAR)?
A Suspicious Activity Report is a formal notification to the financial regulator about transactions or customer activity that may be related to money laundering or terrorism financing. SARs must be filed when there is a reasonable suspicion that a customer or transaction is related to financial crime. Timing requirements vary by jurisdiction but are typically 10-30 days after suspicion arises. SARs must not be disclosed to the customer (tipping off is illegal in most jurisdictions). Your compliance team prepares the SAR with supporting evidence, and files it with the regulator.
How often should transaction monitoring occur?
Transaction monitoring should be continuous and ongoing. Modern AML programmes use automated rules and algorithms that monitor transactions in real time or near real-time as they are processed. The frequency of monitoring can be tailored to the customer's risk profile — high-risk customers may be monitored more closely. Alerts generated by automated monitoring are reviewed by compliance staff for suspicious activity. The transaction history retained should typically be at least 5-7 years in accordance with most regulatory requirements.
What is the difference between CDD and EDD?
Customer Due Diligence (CDD) is the baseline process applied to all customers — collecting and verifying identity, understanding the business relationship, and assessing risk. Enhanced Due Diligence (EDD) is a deeper investigation applied to higher-risk customers. EDD may include: verifying source of funds, identifying beneficial owners, investigating politically exposed persons (PEPs), gathering additional documentation, and ongoing enhanced monitoring. EDD is triggered by factors such as: high-risk geography, customer involvement in high-risk industries, PEP status, cash-intensive business, or complex ownership structures.
What is a Money Laundering Reporting Officer (MLRO)?
An MLRO is a designated senior employee responsible for overseeing the organisation's AML/CTF compliance programme. The MLRO (sometimes called an AML Compliance Officer) is responsible for: ensuring policies and procedures are in place and followed, receiving and reviewing Suspicious Activity Reports, filing SARs with regulators, maintaining compliance records, and serving as the primary contact with regulators. The MLRO should have direct access to senior management and the board. Many jurisdictions legally require a designated MLRO.
How should an organisation respond to sanctions screening matches?
When a sanctions screening match is identified, the process is: (1) Investigate the match to determine if it's accurate or a false positive, (2) If confirmed, immediately freeze the customer's assets and block transactions, (3) Escalate to the compliance officer and senior management, (4) Do NOT inform the customer (tipping off is illegal), (5) File a report with relevant regulators (OFAC, AUSTRAC, etc), (6) Maintain detailed records of the match, investigation, and actions taken. The timeline for action is typically very tight — transactions must be blocked immediately upon discovery of a true match.
What are FATF Recommendations?
FATF (Financial Action Task Force) is an intergovernmental organisation founded to combat money laundering and terrorism financing. FATF publishes Recommendations that set international standards for AML/CTF compliance. Countries implement FATF Recommendations into their own laws and regulations. Key recommendations cover customer due diligence, transaction reporting, sanctions compliance, beneficial ownership, and staff training. Most national AML/CTF legislation is based on or aligned with FATF Recommendations, so understanding FATF is essential for building a globally-aligned compliance programme.

Build a Compliance Programme That Works

Get started with a comprehensive AML/CTF programme. Request a demo to see how we design compliance for your business.

Request a DemoContact Us