Tech-Driven Chartered Accountant Firm Using HaloCheck.xyz To Comply With BNM AML/CFT Requirements

PETALING JAYA, Malaysia, May possibly 18, 2022 /PRNewswire/ — Velocity is key in sustaining a successful enterprise in the present tech-savvy world. Mahzan Sulaiman, a progressive, tech-pushed Chartered Accountant and Chartered Secretary firm, announces its adoption of HaloCheck.xyz to comply with Financial institution Negara Malaysia Anti-Money Laundering (BNM AML/CFT) requirements for Customer Thanks Diligence (CDD). With HaloCheck.xyz, Mahzan Sulaiman can satisfy rigorous BNM compliance specifications in considerably less than 2 minutes.

Accountants, Firm Secretaries, and other Selected Non-Money Corporations and Professions (DNFBPs) are Gatekeepers according to BNM. They assist control dollars laundering and terrorism financing (ML/TF) actions as they are the to start with group of people and companies that buyers interact with in advance of any transactions can manifest.

The Mahzan Sulaiman firm thinks in continuous improvement. This led to the adoption of new technologies, these as HaloCheck.xyx, to assist satisfy BNM AML/CFT needs and simplify the challenging CDD process.

Reporting Establishments (RIs) will have to ensure they meet Financial institution Negara Malaysia AMLA specifications. Businesses and professionals can do this by putting into area Suitable Methods. These techniques defend them and their belongings from income laundering and terrorism funding (ML/TF) pursuits.

“We are really substantial proponents of technological know-how,” stated Mahathir Mahzan, Founding & Taking care of Associate of Mahzan Sulaiman. “We adopted diverse systems to streamline a large amount of our processes, primarily with regards to accounting as very well as our company secretarial solutions. Corporations like ours need to make sure we comply with Bank Negara’s insurance policies and act as powerful gatekeepers. With this quite quickly and responsible procedure, we can mainly automate the Client Thanks Diligence approach. We are working with HaloCheck to basically streamline the total course of action.”

There are a lot of advantages of digitalising the Know Your Customer (KYC) course of action such as streamlining CDD and lessening administrative perform. Mahzan Sulaiman continues to be nicely in advance of its friends in the adoption of new technologies.

Tale carries on

“Doing the job with ahead-contemplating providers is usually a pleasure, we are pretty content that Mahzan Sulaiman chose our e-KYC and Quick Qualifications Screening technological know-how to assistance them satisfy BNM AML/CFT necessities,” claims Mark Leow, Founder and Running Director of HaloCheck.xyz. “Complying with AML/CFT will not have to be challenging. Gurus never have time to waste so, we made a rapid, simple, responsible resolution. Now, meeting compliance normally takes much less than 2 minutes, from signing up to completing a examine.”

For much more about HaloCheck, go to www.halocheck.xyz

Supply HaloCheck Sdn Bhd