Aqua Global has a FATF Module, which ensures banks remain fully compliant with this initiative, helping them to meet their regulatory needs and to combat money laundering/terrorism.
How can Aqua assist?
Aqua’s FATF Module provides and assists banks in protecting themselves from:
- FATF 16 requires full name and address details for ordering customer (payer) and beneficiary (payee) for all transfers.
- Jurisdictional legislation requires screening against published lists of sanctioned entities.
- Significant penalties for breaches of sanctions rules
- Unlimited fines for companies
We can help you
If the FATF Rule 16 initiative is affecting you, then contact Aqua Global today at email@example.com or call us on +44(0) 20 8544 3200.