At Semafacts Services Limited, we offer comprehensive Anti-Money Laundering (AML) checks to help businesses comply with local and international regulatory requirements. Our AML screening services identify individuals or entities involved in or associated with money laundering, terrorist financing, organized crime, and other financial crimes.
We screen your candidates, clients, vendors, or partners against:
- Global sanctions lists (e.g., OFAC, UN, EU)
- Politically Exposed Persons (PEPs)
- Adverse media databases
- Watchlists and enforcement lists
Our AML checks are ideal for:
- Financial institutions
- Real estate firms
- Legal service providers
- Recruiters and HR teams
- Any business handling sensitive financial transactions
Frequently Asked Questions
What is an AML Check?
An AML check is a screening process used to detect individuals or entities involved in money laundering, terrorism financing, and other financial crimes. It involves checking names against sanctions lists, PEP databases, and negative media coverage.
Who needs AML screening?
Any business or organization that deals with financial transactions, hires employees, or partners with external vendors may need AML checks. This includes banks, law firms, insurance companies, and recruitment agencies.
What databases does Semafacts use for AML checks?
We utilize trusted global databases, including those maintained by OFAC (USA), the UN, EU, UK, and other enforcement bodies, as well as PEP and adverse media databases.
How long does an AML check take?
In most cases, AML screening results are available within 24 to 48 hours, depending on the depth of the check and the number of subjects being screened.
Is consent required for an AML check?
Yes. Just like other background screening services, AML checks require informed consent from the individual or business being screened, in line with data protection laws.
Can AML checks be part of pre-employment screening?
Absolutely. We integrate AML screening into our broader pre-employment verification process, especially for roles involving financial responsibility or regulatory compliance.
