AML Reporting Officer

At Greenfields, we provide expert professionals to assume the role of the Anti Money Laundering Reporting Officer (AMLRO or “Geldwäschebeauftragte”) within your organization. This ensures your compliance with anti-money laundering regulations, encompassing risk assessment, policy development, and employee training.

By partnering with Greenfields, you gain access to expert support and tailored solutions that align with regulatory expectations.

Advantages

Cost-effective: Hiring a Money Laundering Reporting Officer (MLRO) and a deputy entails significant personnel and training costs. Outsourcing to Greenfields is a more cost-effective solution, eliminating the need for creating dedicated positions, reporting lines, and infrastructure within your organization.

Secure and Professional: The regulatory requirements for Money Laundering Reporting Officers are stringent and subject to frequent changes. The potential liability for missteps is substantial. Greenfields provides you with an expert team, reducing risks and ensuring professionalism and security in compliance matters.

Flexible: Terminating employed Money Laundering Reporting Officers can pose legal challenges and lead to organizational disruptions. Outsourcing to Greenfields offers the necessary flexibility, allowing you to adapt seamlessly to changing requirements and circumstances.

Target Audience: Companies which are subject of the German Anti-Money Laundering Act (GWG), seeking to enhance their AML compliance by outsourcing it to a proffesional & industry leading service provider.

Ideal For

Financial institutions, fintech companies, fonds, financial services providers etc.

In a Nutshell

  • Expert Takeover of AMLRO Role
  • Comprehensive Assessment
  • Risk Analysis
  • Development of Policies, Procedures, and Controls
  • Employee Training

Contact

If you have any questions related to our Banking & Cash Management, feel free to reach out to us at any time:

Sectors we cover