Estate Agents/Realtors have been co-opted into the campaign against money laundering. This means that they are required to implement and operate a comprehensive AML regime.
Examples of where the GRC-Maestro platform can help Estate Agents/Realtors achieve and prove AML compliance at a low cost include:
- AML Resourcing – keeping the designated Senior Manager responsible for AML informed of material issues as they arise, periodic reporting of AML operations and the results of AML auditing
- AML Reporting – reporting KPIs for senior management, assessing AML requirements/risks, resourcing and monitoring results
- Record-Keeping – ensure the AML records required by regulators are ecorded and accessible on demand
GRC-Maestro gives Estate Agents/Realtors, and their Senior Management, the ability to control and manage both existing and proposed regulatory requirements by automating manual checks and recordkeeping.