PATRIOT ACT - POLICIES AND PROCEDURES
Documenting your organization's policies related to AML compliance provides a solid foundation for a compliance program. It is good practice but also a requirement introduced by the Patriot Act. These polices will provide overall program guidance, specific procedures for employees and identify controls that should be in place to maintain compliance.
HOW POLIVEC CAN HELP
Getting all of those policies into a centralized repository is an excellent first step, but once you’ve accomplished that, it is important to have a system in place to ensure that policies are developed, maintained and retired according to your organization’s requirements.
Polivec EGS Policy Center can assist you with this challenge by providing a single solution to:
- Store policies and procedures
- Manage the review and approval process
- Maintain versioning control
- Track activity related to each policy
MORE INFORMATION
Polivec Anti-Money Laundering Solution
Polivec Enterprise Governance Solution
Solutions for the Financial Industry