Practice compliance 

If you're a Money Laundering Reporting Officer (MLRO), IRIS Elements (v.0) makes it easy to manage AML compliance, whatever the size of your practice. 

On the Home page, select Practice Compliance.

IRIS Elements (v.0) can help you:

• Complete regular firm-wide risk assessments
• Keep track of your compliance officer positions and dates
• Register staff training events
• Log memberships to professional bodies
• Manage beneficial owner records
• Create and edit practice policies and procedures
• Review client suspicious activity reports

Completing and maintaining these records gives you the best chance of preventing money laundering in your practice.