AML / KYC Daily Compliance Check
Complete this checklist daily to ensure AML/KYC compliance requirements are met. All new accounts must be screened, alerts reviewed, and suspicious activity properly escalated.
- Industry: Retail
- Frequency: Daily
- Estimated Time: 20-30 minutes
- Role: Compliance Officer / BSA Officer
- Total Items: 32
- Compliance: Bank Secrecy Act, USA PATRIOT Act, FinCEN Requirements, FATF Recommendations
Customer Due Diligence
Verify new account screening and KYC documentation.
- New accounts screened against sanctions/PEP lists?
- Accounts screened
- KYC documents complete and verified for new customers?
- Missing documents
Transaction Monitoring
Review alerts and escalate suspicious activity.
- Automated alerts reviewed and dispositioned?
- Alerts reviewed
- Suspicious activity escalated per policy?
- SAR escalations
Training & Awareness
Verify staff AML/KYC training status.
- Staff AML/KYC training current?
- Staff overdue for training
Initial Setup & Documentation
Complete initial documentation and preparation
- Inspector / Assessor Name
- Date
- Location / Area
- Inspection Type
- Previous findings reviewed?
Safety & Compliance Verification
Verify all safety requirements are met
- All safety protocols being followed?
- Emergency exits clear and accessible?
- First aid supplies available and stocked?
- All hazards identified and controlled?
- Required PPE being worn correctly?
Operational Standards Check
Verify operational standards and procedures are maintained
- Standard operating procedures being followed?
- All equipment in proper working condition?
- Maintenance schedule current?
- All staff training current and documented?
Quality Assessment
Evaluate quality standards and performance metrics
- Quality standards met for all items checked?
- Any deficiencies or non-conformances identified?
- Root cause analysis completed for issues?
- Continuous improvement opportunities identified?
Environment & Conditions
Verify environmental conditions meet requirements
- Area clean and well-maintained?
- Adequate lighting in all areas?
- Ventilation adequate?
- Required signage visible and current?
Related Financial Services Checklists
- AML/KYC Customer Verification Checklist
- Anti-Money Laundering Compliance Review
- Know Your Customer (KYC) Compliance Checklist
- Annual Financial Regulatory Compliance Review
- Daily IT Security Operations Checklist
- Bank Branch Opening Checklist
- IT Security Daily Checklist
- Cash Drawer Reconciliation
Related Compliance Risk Checklists
- AML/KYC Customer Verification Checklist - FREE Download
- Anti-Money Laundering Compliance Review - FREE Download
- Know Your Customer (KYC) Compliance Checklist - FREE Download
- Annual Financial Regulatory Compliance Review - FREE Download
- Fraud Detection & Prevention Review - FREE Download
- Investment Suitability Assessment Review - FREE Download
- Financial Institution Business Continuity Test - FREE Download
- Trust & Fiduciary Account Audit - FREE Download
- Consumer Complaint Management Review - FREE Download
- Third-Party Vendor Risk Assessment - FREE Download
Why Use This AML / KYC Daily Compliance Check?
This aml / kyc daily compliance check helps retail teams maintain compliance and operational excellence. Designed for compliance officer / bsa officer professionals, this checklist covers 32 critical inspection points across 8 sections. Recommended frequency: daily.
Ensures compliance with Bank Secrecy Act, USA PATRIOT Act, FinCEN Requirements, FATF Recommendations. Regulatory-aligned for audit readiness and inspection documentation.
Frequently Asked Questions
What does the AML / KYC Daily Compliance Check cover?
This checklist covers 32 inspection items across 8 sections: Customer Due Diligence, Transaction Monitoring, Training & Awareness, Initial Setup & Documentation, Safety & Compliance Verification, Operational Standards Check, Quality Assessment, Environment & Conditions. It is designed for retail operations and compliance.
How often should this checklist be completed?
This checklist should be completed daily. Each completion takes approximately 20-30 minutes.
Who should use this AML / KYC Daily Compliance Check?
This checklist is designed for Compliance Officer / BSA Officer professionals in the retail industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.
Can I download this checklist as a PDF?
Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.