Your AML documents, kept in line with the AMLR
Keltes is being built to return the AML documents you already have with tracked changes, each citing its article, and a list of what is missing. You keep the decisions.
Meridian Capital Partners S.A.
Fictional client
Anti-Money Laundering and Counter-Terrorist Financing Policy and Procedures
6. Beneficial ownership
6.1 Definition
The beneficial owner of an Investor that is a legal entity is any natural person who ultimately owns or controls the Investor, directly or indirectly. In line with Article 1(7) of the AML Law, a natural person who holds Deleted: more than 25%Inserted: 25% or moreComment: PROPOSED, NOT CONFIRMED. Article 52(1) sets 25% or more, so a holder of exactly 25% is missed. Obligation AMLR-A52-P1, AMLR Art. 52 (1). of the shares, voting rights or ownership interest in a corporate entity is regarded as owning it.
Draft ruleset, not yet approved by the founder. Fictional client. Not advice.
How it works
Fixed rules decide which obligations apply. AI reads your documents and proposes changes, each citing its article. A named person in your firm decides.
Your AML policy, risk assessment and last year's report
Back as your own Word file, with tracked changes citing each article
A list of what is missing, naming the role that must sign
Where it stands today
Not yet available. No release of the rules has been approved, and Keltes works for no firm today. A release becomes usable when the founder approves and signs it, and every output then says how its rules were checked.
Talk to Kristof
Bring the one rule you already suspect is a problem.