Countries

Implementation An effective AML/CTF program starts with good implementation and setup. Drawing on insights from hundreds of businesses, we’ve created a guide to help you put our platform into action, fast. Learn More Request a Demo RISK ASSESSMENT PLATFORM Our approach to implementation At Arctic, we recognise that every client and every business-wide financial crime…

Add On Modules We’ve modularised some of our advanced features so as your financial crime risk assessment approach matures you can decide whether to activate any of our premium Add On features to your account. Learn More Request a Demo RISK ASSESSMENT PLATFORM Add Ons Our Risk Assessment Platform is modularised and includes some advanced…

Core Features Fully configurable financial crime risk assessment platform designed for larger enterprises that want to tailor their own risk and control modules, digitise their approach and conduct data-driven risk assessments across their organisation. Learn More Request a Demo RISK ASSESSMENT PLATFORM Putting you in control Within RAP, there are three roles, Super Admin (managed…

Modularisation Fully configurable, modular financial crime risk assessment platform designed for larger enterprises that want to tailor their own risk and control models, streamline their processes and conduct data driven risk assessments across their organisation. Learn More Request a Demo RISK ASSESSMENT PLATFORM A modularised approach At Arctic, we recognise that there’s no “one size…

AML/CTF compliance in Tanzania WHAT ARE THE Money laundering and terrorism financing laws in Tanzania? Anti-Money Laundering Act, 2006 (AMLA) and its associated regulations. Customer Due Diligence (CDD): Covered entities, including banks, financial institutions, money remitters, attorneys, accountants, and other designated non-financial businesses and professions (DNFBPs), are required to establish and implement risk-based CDD measures.…

AML/CTF compliance in Kenya WHAT ARE THE Money laundering and terrorism financing laws in Kenya? Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) and the Prevention of Terrorism Act (POTA) Customer Due Diligence (CDD): Regulated entities, including banks, financial institutions, money services businesses, lawyers, accountants, real estate agents, dealers in precious metals and stones, and…

AML/CTF compliance in Uganda WHAT ARE THE Money laundering and terrorism financing laws in Uganda? In Uganda, money laundering and terrorism financing are serious offences and are governed by the Anti-Money Laundering Act, 2013 (as amended) and the Anti-Terrorism Act, 2002. The Financial Intelligence Authority (FIA) is responsible for monitoring and enforcing compliance with these…

AML/CTF compliance in Nigeria WHAT ARE THE Money laundering and terrorism financing laws in Nigeria? In Nigeria, money laundering and terrorism financing are serious offences and are governed by the Money Laundering (Prevention and Prohibition) Act, 2022 and the Terrorism (Prevention and Prohibition) Act, 2022. These laws are enforced by agencies such as the Economic…

AML/CTF compliance in the Cayman Islands WHAT ARE THE Money laundering and terrorism financing laws in the Cayman Islands? Customer Due Diligence (CDD): Covered entities, including banks, financial institutions, insurance companies, money service businesses, lawyers, accountants, and other designated non-financial businesses and professions (DNFBPs), are required to establish and implement risk-based CDD measures. This includes…

AML/CFT compliance in Saudi Arabia WHAT ARE THE Money laundering and terrorism financing laws in Saudi Arabia? In Saudi Arabia, the primary laws governing Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) are outlined in several key legislative frameworks. The country has taken significant steps to align its legal and regulatory framework with…