AML Verification Checklist Form
Document completion of customer and business due-diligence checks.
Case reference and review context — case reference; review date; reviewer; review type (new relationship, periodic review, event-driven review); business unit or jurisdiction
Customer or entity type — individual customer; company; partnership; trust or similar arrangement; other entity type
Identity and business-profile checks — identity information reviewed; business registration or profile reviewed where applicable; activity and stated purpose assessed; information is consistent; discrepancies noted for follow-up. Do not record government identifier numbers or attach document images.
Beneficial ownership — ownership structure reviewed; relevant beneficial owners identified; control and ownership understood; information corroborated; gaps or inconsistencies noted
Sanctions and watchlist screening — screening completed; possible match reviewed; match ruled out with rationale; potential match escalated; no match identified
Politically exposed person screening — screening completed; possible match reviewed; match ruled out with rationale; match confirmed or unresolved; enhanced review or escalation initiated as appropriate
Adverse media review — review completed; relevant adverse information found; no relevant adverse information found; relevance and reliability assessed; further review or escalation needed
Source of funds or wealth review — explanation obtained and assessed; supporting information reviewed; consistent with customer or business profile; unexplained concerns noted; follow-up required. Do not record account numbers.
Risk assessment and escalation — risk level assessed (low, medium, high); rationale documented; enhanced due diligence needed; escalation required; escalation completed or pending
Final review outcome and follow-up — approved; approved with follow-up; pending information; escalated for decision; not approved; actions and owner recorded; follow-up date recorded
Submit Review
Should be Empty: