In order to effectively use the Money Laundering module, set up the reporting channels and task allocation in the account settings by following the steps below:
Note: You'll need to be a Master User to make these changes.
Click the cog icon, then on the left-hand menu click Officer Information.
In the Money Laundering Reporting Officer section, select the MLRO User.
To confirm the appointment, click +Add MLRO.
If required, repeat steps 3 and 4 to add a second user.
Note: They will be automatically set up as the Deputy.From the menu on the left, click Tasks Setup then click Money Laundering.
Next to Allow ML Reporting/ Decision Tasks to be assigned to, open the drop-down and select who you want the tasks to be assigned to.
Tip: This is particularly helpful to identify who suspicions should be escalated to.
The most appropriate option will be dependent on how your firm is structured and assignee options should reflect your current reporting streams as closely as possible.Click Save.