SmartSearch is the leading online provider of Anti-Money Laundering and Fraud Prevention Services, helping businesses comply with the Anti-Money Laundering Regulations. SmartSearch utilises the Anti-money Laundering Regulations 2007 and the guidance laid down by the Joint Money Laundering Steering Group (JMLSG), The Law Society, The Institute of Chartered Accountants England and Wales, The Financial Services Authority, the Office of Fair Trading and Her Majesty’s Revenue and Customs.
In addition our systems conform to the Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements of the legislation.
In partnership with Experian, the leading global information services company and the Global Fraud Alliance, the SmartSearch service allows businesses to check the identity of a customer quickly and cost effectively. SmartSearch delivers an easy to understand report with a “PASS” or “REFER” result in seconds, which means in most cases you can easily verify the identity of your clients without the need to see any documentation.
In addition, the SmartSearch unique Alerts Service will automatically notify your Money Laundering Reporting Office (MLRO) of any individual, who requires further Enhanced Due diligence investigation, such as SDN, PEP, Terrorists or any other type of warning. SmartSearch is the only solution that offers such functionality.
