Start using this Workflow
Legal Compliance Checklist
Anti-Money Laundering (AML) Compliance
Establish and implement an AML policy compliant with local regulations.
Conduct regular AML training for employees.
Perform customer due diligence (CDD) and enhanced due diligence (EDD) where necessary.
Keep detailed records of transactions and report suspicious activities.
Regularly review and update AML procedures and policies.
Data Privacy and Protection
Implement a comprehensive data privacy policy in line with GDPR, CCPA, or other relevant regulations.
Ensure data encryption for sensitive information during storage and transmission.
Conduct regular data privacy impact assessments (DPIAs).
Provide regular data protection training to employees.
Establish a clear process for data breach notifications and incident response.
Regulatory Reporting
Identify all regulatory reporting requirements relevant to your organization.
Establish a timeline and process for timely submission of reports.
Ensure accurate and complete data collection for reporting purposes.
Maintain thorough documentation of all submitted reports.
Perform regular audits to verify compliance with reporting obligations.
Consumer Protection Compliance
Implement a robust consumer complaint management system.
Ensure transparent and clear communication with consumers regarding terms and conditions.
Provide adequate disclosures about products and services.
Regularly review and update consumer protection policies.
Conduct periodic training for employees on consumer protection laws and practices.
Cybersecurity Compliance
Develop and implement a comprehensive cybersecurity policy.
Conduct regular vulnerability assessments and penetration testing.
Ensure multi-factor authentication (MFA) is in place for sensitive systems.
Provide continuous cybersecurity training to employees.
Establish an incident response plan and conduct regular drills.
