If your business works in a regulated industry, or if you deal with high-value transactions, then you need to conduct know your customer (KYC) checks on clients.  

Anti-money laundering (AML) regulations refer to rules and laws enforced to stop illegally obtained monies being processed in such a way as to appear legitimate.

Each new Anti-Money Laundering Directive introduces changes that affect regulated businesses.

All UK businesses have a responsibility to prevent money laundering and other forms of financial crime.

All businesses have a role to play in detecting and reporting suspicious activity. The goal of these actions is to prevent criminal behaviour such as money laundering and terrorist financing. 

Anti-Money Laundering (AML) checks are an unescapable part of doing business today.