🇬🇧 United Kingdom
AML Compliance for UK Financial Institutions
Meet FCA, MLR 2017, and Economic Crime Act requirements with AI-native technology. Trusted by UK banks, building societies, and fintech firms.
75+
UK Financial Firms
85%
False Positive Reduction
100%
GDPR Compliant
£6.5M
Avg Annual Savings
UK Regulatory Framework
FCA Requirements
- ✓SYSC Requirements: Senior management arrangements, systems and controls
- ✓SAR Submission: Suspicious activity reports to NCA within required timelines
- ✓Risk-Based Approach: Proportionate AML controls based on ML/TF risk
- ✓Record Keeping: 5-year retention with audit trail
MLR 2017 & Economic Crime Act
- ✓CDD Requirements: Enhanced due diligence for high-risk customers and PEPs
- ✓Beneficial Ownership: PSC register verification and monitoring
- ✓Sanctions Screening: HMT consolidated list and UN sanctions
- ✓Transparency: Economic Crime Act 2022 enhanced requirements
Built for UK Financial Services
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GDPR Compliant
Full UK GDPR compliance with data residency options, privacy-by-design architecture, and automated data subject rights handling.
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JMLIT Integration
Participate in Joint Money Laundering Intelligence Taskforce information sharing with privacy-preserving technology.
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UK Sanctions Lists
Real-time screening against HM Treasury consolidated sanctions list, OFSI guidance compliance, and automated reporting.
Post-Brexit AML Compliance
Navigate the evolving UK regulatory landscape with confidence:
UK-EU Coordination
- • Alignment with 5AMLD and 6AMLD where beneficial
- • Cross-border transaction monitoring
- • EU sanctions list integration
- • MiFID II equivalence considerations
Economic Crime Reform
- • Companies House reform readiness
- • Enhanced corporate transparency
- • Failure to prevent fraud offence preparation
- • Register of Overseas Entities compliance
UK Customer Success
Building Society - London
£12B Asset Institution
Challenge: Legacy systems generating 50K+ alerts monthly with 93% false positive rate. FCA skilled persons review identified significant deficiencies.
Results After 9 Months:
- • 87% reduction in false positives
- • SAR conversion rate: 2.3% → 19.2%
- • Investigation time: 52 hours → 15 hours per case
- • £7.1M annual cost savings
- • FCA follow-up review: zero findings
Serving UK Financial Sectors
Retail Banks
- • High street banking
- • Current accounts
- • Mortgages
- • Consumer credit
Building Societies
- • Savings accounts
- • Mortgages
- • Member services
- • Deposits
Challenger Banks
- • Digital banking
- • Business banking
- • Mobile-first services
- • Open banking
Payment Institutions
- • E-money services
- • Payment services
- • Remittances
- • FX services
Wealth Management
- • Private banking
- • Investment management
- • Fund administration
- • Trust services
Crypto Firms
- • FCA-registered firms
- • Cryptoasset exchange
- • Custody services
- • DeFi platforms
Ready to Transform Your UK AML Compliance?
Join 75+ UK financial institutions leveraging AI for FCA and MLR compliance.
Schedule Demo →