AML Solution was established in 2016 with the objective of providing services in the areas of Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing, including consulting, setting up an internal personnel system, providing advice on the development of IT systems or software used in the anti-money laundering process, starting from the steps of having customers identify themselves (Know Your Customer), customer identification (Identification & Verification), customer risk assessment (Customer Risk Assessment), customer fact-finding (Monitoring & Customer Due Diligence), providing advice on determining customer risk behaviour (Trigger), internal auditing specific to AML/CTPF as specified by the Anti-Money Laundering Office that financial institutions and professionals under Section 16 of the Anti-Money Laundering Act B.E. 2542 and its amendments are responsible for, and training on knowledge and understanding in compliance with the law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing in order to comply with Section 21/3 of the Anti-Money Laundering Act B.E. 2542 and its amendments.

          Apart from consulting services, the Company has also collected data on the list of persons with high risk of money laundering under the Anti-Money Laundering Act B.E. 2542 and its amendments and the Ministerial Regulation on Customer Fact-Finding B.E. 2563, and persons or juristic persons who are Designated Persons who are financial supporters of terrorism and the proliferation of weapons of mass destruction under the Counter-Terrorism and Proliferation of Weapon of Mass Destruction Financing Act B.E. 2559 (2016)

          The outstanding of the database service for checking the data of persons with high risk of money laundering and the financial support of terrorism and the proliferation of weapons of mass destruction that the Company has prepared includes the database of names “Thai Politically Exposed Persons” or ThaiPEPs ranging from high-ranking civil servants in the executive, legislative, and judicial branches, to personnel in the central government administration, down to local government personnel. In order for customers who are responsible for complying with the law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing to be able to verify the data of individuals used as a factor in assessing the risk of customers, the company has developed and expanded the collection of data on the list of people with risks to be complete as required by law, including:

• Information on Thai Politically Exposes persons
  
  
• Information on foreign Politically Expose Persons and international organizations
  
  
• List of persons whose assets have been seized or frozen in connection with the commission of an offence (Order Yor.)
  
  
• Information on designated persons [financial supporter of terrorism and the proliferation of weapons of mass destruction (certified by the United Nations)]
  
  
• Information on designated persons [financial support of Thai terrorism (certified by the Thai court and announced by the AMLO)]
  
  
• Information on high-risk foreign transaction lists (OFAC, UK Sanction lists, Australian Sanctions Consolidated List, European Union Sanctions, World Bank Groups Sanction)
  
  

          The database, which is compiled from the above sources, is a customer risk assessment database in accordance with the standards of the Thai law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing.

          For the services of "Checking the information on the list of persons with risks" in terms of Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing supporting compliance with the law on law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing of Thailand, are divided into 2 groups of data:

          Database service Group 1 ThaiPEPs or "Thai Politically Exposed Persons", which is a collection of data ranging from personnel working at high levels in the executive, legislative, and judicial levels, personnel in the central administration line, down to local government personnel, totaling more than 50,000 data

          Database service Group 2 ThaiPEPs Plus or "Thai Politically Exposed Persons" and other risk list data in accordance with the law, including data on PEPs abroad and international organizations, list of persons whose assets have been seized or frozen in connection with the commission of an offense (Order Yor.), data on designated persons (financial supporter of terrorism and the proliferation of weapons of mass destruction (certified by the United Nations), data on designated persons (financial supporter of Thai terrorism (Certified by the Thai court and announced by the Anti-Money Laundering Office), High-Risk List of Foreign Transactions (OFAC, UK Sanction Lists, Australian Sanctions Consolidated List, European Union Sanctions, World Bank Groups Sanction)

          The Corporate customers who wish to use the service can select the Group 1 database service, which only includes information on individuals with ThaiPEPs, or select the Group 2 database service, which includes all risk databases required for the customer fact-finding process according to the Ministerial Regulation on Customer Fact-Finding B.E. 2563, issued under the Anti-Money Laundering Act B.E. 2542 and its amendments.

• AML Solution is a local Thai company that aims to provide services that support Thai legal standards and offer service prices that are appropriate for small and medium-sized businesses and entrepreneurs.
  
  
• AML Solution has personnel with more than 20 years of experience in the field of AML (Anti-Money Laundering)
  
  
• The database of high-risk persons according to the law to check customers according to the Ministerial Regulation on the Verification of Facts About Customers B.E. 2563 that is complete according to the standards of the law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing
  
  

          The outstanding of the database service for checking the information of persons at risk of money laundering and financial support for terrorism and the proliferation of weapons of mass destruction that the company has prepared is the database of the names of "Thai Politically Exposed Persons" or ThaiPEPs, ranging from personnel who work in high-ranking government agencies in the executive, legislative, and judicial levels, personnel in the central government administration, down to local government personnel.

• The database of high-risk persons according to the law to check customers according to the Ministerial Regulation on the Verification of Facts About Customers B.E. 2563 that is complete according to the standards of the law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing
  
  

          In order for customers who are responsible for complying with the law on Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing to be able to check the information of persons used as a factor in assessing the risk of customers, the company has developed and expanded the collection of high-risk names to be complete as required by law,