AML Directives

How iDenfy helps you meet Anti-Money Laundering (AML) customer due diligence requirements under AMLD5, AMLD6, and related regulations.

Overview

Anti-Money Laundering Directives (AMLD5 and AMLD6) require regulated entities to identify and verify their customers before establishing a business relationship. This includes Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing monitoring.

iDenfy provides a complete AML compliance toolkit — from identity verification and beneficial owner identification to real-time sanctions screening and continuous monitoring. It covers 210+ jurisdictions with 100% sanctions list accuracy.

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CDD Requirements and iDenfy Features

Standard Customer Due Diligence

AML Requirement	iDenfy Solution	What it does
Identify the customer	ID Verification (KYC)	Document + selfie biometric verification across 3,000+ document types from 200+ countries
Verify customer identity	AI + human review	12-step verification with AI processing in 0.02 seconds and in-house KYC expert manual review (max 3 minutes)
Identify beneficial owners	Business Verification (KYB)	Automated UBO identification and verification across 180+ registries, 540M+ company records from 120+ countries
Screen against sanctions/PEPs	AML Single Check	Real-time screening against global sanctions lists, PEP databases, and adverse media — results in seconds
Ongoing monitoring	AML Monitoring	Continuous screening: sanctions every 24 hours, PEPs every 7 days, adverse media every 30 days
Record keeping	Verification reports	Full audit trail with timestamped results and downloadable PDF reports for compliance records

Enhanced Due Diligence (EDD)

For high-risk customers, iDenfy supports additional checks:

• Proof of address — AI-powered PoA verification (utility bills, bank statements)
• Additional document steps — request supplementary documents (source of funds, employment contracts)
• Risk scoring — configurable risk assessment with five levels (Very Low to Very High), country-based risk assignment, and custom rule creation
• Adverse media screening — 15,000+ sites across 195 countries, 99.3% classification accuracy, 11+ languages
• Bank verification — instant verification across 2,500+ banks in 29 EU countries with transaction analysis for red flags
• Criminal background checks — state and county-level court record searches (USA)

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AML Screening Data Sources

Sanctions Databases

iDenfy screens against sanctions lists from every major regime worldwide:

• International: United Nations Security Council (14 resolutions)
• Americas: USA (OFAC SDN 30+ programs, OFAC non-SDN 6 lists, State Department 4 lists), Canada, Argentina, Panama, Trinidad and Tobago
• Europe: EU (55+ programs), UK HMT/OFSI (30+), Belgium, Czechia, France, Switzerland, and 15+ additional countries
• Asia-Pacific: Australia, China, India, Japan, South Korea, Singapore, and 15+ additional countries
• Middle East & Africa: Bahrain, Egypt, Iran, Israel, Saudi Arabia, UAE, and 10+ additional countries

Sanctions accuracy: 100% accuracy, 100% recall, F1 score = 1

PEP Database

• 45,000+ public sources across 210+ jurisdictions
• Updated within 48 hours of elections or changes
• Three tiers: Tier 1 (heads of state, ministers), Tier 2 (mid-to-high ranking officials), Tier 3 (local politicians)
• End-of-tenure retention: 12-18 months post-service
• Configurable matching threshold with fuzzy matching, transliteration, and cultural affinity detection

Adverse Media

• 15,000+ sites across 195 countries
• 99.3% classification accuracy
• Excluded sources: social media, tabloids, blogs, untrusted sources
• 11+ languages: English, Spanish, French, Italian, Polish, Russian, Estonian, Ukrainian, Swedish, Lithuanian, Bulgarian (more on request)

Additional Screening Categories

• Reputation Risk Exposure (RRE)
• Profile of Interest (POI)
• Regulatory Enforcement List (REL)
• State Owned Enterprise (SOE)

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Recommended Setup by Obligation

Financial institution

Applies to: Banks, EMIs, payment institutions, investment firms

Recommended configuration:

• KYC with liveness detection (mandatory)
• AML screening with ongoing monitoring
• KYB for corporate account opening with UBO verification
• Proof of address for account opening
• Risk-based approach: additional verification steps triggered by risk score

{
  "clientId": "customer-123",
  "callbackUrl": "https://your-app.com/webhook",
  "liveness": true,
  "amlCheck": true
}

Crypto / Virtual asset provider

Applies to: Exchanges, wallet providers, DeFi on-ramps, token issuers

Recommended configuration:

• KYC with liveness detection (mandatory under Travel Rule and MiCA)
• AML screening with ongoing monitoring
• Risk scoring with country-based risk assignment
• Transaction monitoring integration via webhooks

{
  "clientId": "customer-123",
  "callbackUrl": "https://your-app.com/webhook",
  "liveness": true,
  "amlCheck": true,
  "riskAssessment": true
}

Gambling / Gaming

Applies to: Online casinos, sports betting, lottery operators

Recommended configuration:

• KYC with liveness detection and age verification
• AML screening with ongoing monitoring
• Source of funds verification for high-value deposits
• Enhanced due diligence triggered by risk score thresholds

{
  "clientId": "customer-123",
  "callbackUrl": "https://your-app.com/webhook",
  "liveness": true,
  "amlCheck": true,
  "ageVerification": true
}

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AMLD6 Specifics

AMLD6 (effective 2021) expanded AML obligations with:

Change	Impact	How iDenfy helps
Extended predicate offences	More crimes constitute money laundering (22 categories)	Broader AML screening categories including RRE, POI, REL, and adverse media covering all predicate offence types
Corporate criminal liability	Companies are directly liable for money laundering failures	Full audit trail, timestamped verification reports, and PDF generation for demonstrable compliance
Harmonized penalties	Minimum 4-year imprisonment across EU	N/A (enforcement)
Extended scope	Tax crimes and cybercrime included	Adverse media and PEP screening cover tax-related and cybercrime-related exposure
Aiding and abetting	Attempting, aiding, and conspiring also punishable	Ongoing monitoring catches changes in status post-onboarding

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Ongoing Monitoring

AML compliance does not end at onboarding. iDenfy’s continuous monitoring ensures you stay compliant:

Check type	Frequency	What it covers
Sanctions	Every 24 hours	All global sanctions lists
PEPs	Every 7 days	210+ jurisdictions, 45,000+ sources
Adverse media	Every 30 days	15,000+ sites, 195 countries

• Default monitoring period: 12 months (auto-extends)
• Manual recheck available at any time
• Alerts delivered via webhook when a customer’s status changes
• All monitoring results are timestamped and stored for your compliance records

Set up AML Monitoring →

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Record Keeping

AML regulations require retention of CDD records for at least 5 years after the end of the business relationship. iDenfy supports this with:

• Configurable data retention periods — up to 8 years by plan, or custom configuration
• Full audit trail — every verification step timestamped and stored
• PDF report generation — downloadable compliance records for each verification
• Timestamped AML screening results — initial and ongoing monitoring results preserved

Retention by Plan

Plan	Retention period
Startup	3 years
Silver	5 years
Gold	8 years
Custom	Configurable (up to 8 years)

Do not delete verification records that are subject to AML retention requirements, even if the customer requests GDPR erasure. AML record-keeping obligations take precedence over the right to erasure (Art. 17(3)(b) GDPR — processing necessary for compliance with a legal obligation). Document this exception in your privacy policy.

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Results from Regulated Industries

Client	Industry	Key result
Monneo	Payments / Fintech	Verification in under 3 minutes
Mano Bank	Banking	85% approved in avg. 2 minutes
Neobridge	Crypto / DeFi	+77% pass rate, -67% verification costs
ITCS Trade	Trading / CFD	87% first-time approval rate

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Resources

• AML Screening API →
• Terms of Service
• Privacy Policy

Compliance inquiries: [e-mail] Technical integration: Open a ticket