AML & Compliance
No matches
The AML Reports screen
Find the reports your institution owes the authority and track each one from draft to submitted.
Read moreHow to trace a transaction and see which rules ran
Find one transaction and see exactly which rules were run against it and which ones matched.
Read moreHow to open a member's AML profile
Open a member's AML profile to see their risk classification, KYC status and recent activity in one place.
Read moreHow to screen a name against sanctions lists
Check a person or organisation against international sanctions lists and against your own local list.
Read moreHow an AML case is scored
Read a case's score, matched pattern and evidence so you can tell how strong the flag really is.
Read moreHow to work an AML case
Pick up a case from the queue, record what you found, and move it to the right status.
Read moreThe AML Risk Monitoring dashboard
The dashboard is the screen to open first each morning: it answers "is anything urgent today?" in one look.
Read moreThe eleven AML monitoring rules
The eleven monitoring rules in Wakandi AML Risk Monitoring, and the behaviour each one looks for.
Read moreRecords, retention and being ready for an inspection
The records an inspector will ask for, and the clocks that decide how long each one must be kept.
Read moreYour duty to report, and why you must never tip off
When a transaction must be reported, who decides and files, and why the member must never find out.
Read moreRed flags: what suspicious activity looks like in a SACCO
Recognise the everyday warning signs of laundering at a SACCO, and know what to do the moment you see one.
Read morePolitically exposed persons and sanctions: what the checks are for
Why members are screened against politically exposed person and sanctions lists, and what a hit does and does not mean.
Read moreCustomer due diligence and the risk-based approach
Decide how much checking a member needs, using the three levels of due diligence your policy sets.
Read moreKnow Your Customer: getting a member identified properly
Identify a new member correctly at onboarding, so the record is complete, verified and usable when a question comes later.
Read moreWhy a SACCO is a target, and what is expected of you
Why savings and credit institutions attract money launderers, and the duties that follow for your institution and for you.
Read moreWhat money laundering is, and how it works
What money laundering is, how criminals do it in three stages, and why a savings institution sits in the middle of stage one.
Read moreHow to export AML analytics
Pull a rule performance summary or a transaction export for a date range you choose.
Read moreHow to add AML users and choose their role
Add someone to Wakandi AML Risk Monitoring and give them the right role.
Read moreCustomer baselines: how normal is worked out
See what the system treats as normal for one member, and why that decides whether their activity is flagged.
Read moreHow to set your AML configurations
Set the thresholds, deadlines and windows that the built-in monitoring rules read.
Read moreHow to tune an AML monitoring rule
Change how sensitive a monitoring rule is, and choose who gets told when it fires.
Read moreKeeping due diligence up to date
A member's file describes them on the day it was made. This lesson is how to notice when today's behaviour stops matching it.
Read moreWrite notes that survive an inspection
When you decide an alert is nothing, the note you write is the only thing that survives. This lesson is how to write it.
Read more