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
- Daily Branch Opening Checklist
- Daily IT Security Operations Checklist
- Bank Branch Opening Checklist
- AML/KYC Customer Verification Checklist
- IT Security Daily Checklist
- Cash Drawer Reconciliation