Welcome to Anti Money Laundering, the tool that will help you with your anti money laundering obligations.
Anti Money Laundering, the tool that will help you with your anti money laundering obligations, has recently been approved bij FPS Economy, the control body for the real estate sector. This means that, if you use the tool as intended, you will be presumed to have fulfilled your anti money laundering obligations.
In 2019 the Anti Money Laundering tool offers multiple subscriptions for different sizes of organisations. This allows you to select the subscription that best fits your usage and to create your transactions and year reports at an interesting rate.
This, accompanied by the fact that the screening and creation of risk profiles for contacts are always free of charge, allow you to use the AML tool at a very interesting rate.
Every BIV-recognized real estate agent can use the Anti Money Laundering tool.
Both the anti money laundering responsable and the office employees can connect and register in order to fulfill their anti money laundering obligations.
Start with the Anti Money Laundering tool by connecting with your account.
If you don't have an account yet, please create one. After a short registration procedure, you'll be able to use the tool.
The Anti Money Laundering tool will guide you through the screening of your clients (and contracting parties) and will advise you concerning client acceptation. Next, you can calculate the risk profile of your clients (and contracting parties). Finally, all parties can be combined in a transaction of which the risk profile can be calculated as well.
Calculating the risk profiles is done by following a "wizard" allowing you to answer all necessary questions and to add all documents of proof.
If the tool advises that an increased vigilance is necessary, the contact or transaction in question can immediately be reported. The Anti Money Laundering responsable can evaluate each declaration of his office employees and, if necessary, declare it to the CFI (Financial information processing unit).
The Reports-page allows both the office employee and the Anti Money Laundering responsable to follow up on possible reports that have been made.
The Anti Money Laundering tool also allows you to create a Yearreport and submit it. The tool can automatically fill in certain fields in the Yearreport (based on created contacts and transactions), allowing you to complete the report the most efficient way.
All of your activity (contacts, transactions,...) within the tool can be easily consulted using the search function. To comply with your obligations, everything is stored for a duration of minimum 5 years after ending your relation with the contact or transaction.