AI AML Solution

Guiding you to compliance Arctic Intelligence enables audit, risk and compliance as-a-service through enabling technology that allows companies regardless of their size, sector or geographic location to better manage their compliance obligations related to anti-money laundering, bribery, fraud and cyber risks. What do we offer? Millions of companies are subject to financial crime regulations but often lack the domain expertise to identify and assess their risks and then build appropriate and proportionate controls to mitigate and manage these risks to meet their regulatory compliance obligations. What are the consequences of failing to comply with AML laws? It has been estimated that over USD$400 billion dollars* has been paid in fines by financial institutions since 2008 for failing to comply with AML laws. In addition to fines and penalties imposed by AML regulators, the consequences for non-compliance are far-reaching and could include: Civil and/or criminal penalties imposed on Boards and Senior Executives; Enforceable undertakings to act or cease acting in a certain way; Reputation damage resulting from negative media exposure; Revocation of operating licenses; Falling share prices; and Extensive remediation programs to address compliance deficiencies.