Purpose

Ensure employees and other personnel in AML-relevant roles are appropriately screened before employment, access or duties begin.

Scope

This procedure applies to employees and, on a risk basis, directors, contractors, consultants, temporary personnel and vendor personnel performing AML-related functions.

Steps

#ActionDetailsEvidence
1Identify proposed role and screening scopeIdentify the proposed role, access, authority and financial-crime exposure and determine the proportionate screening scope.Screening scope record
2Verify identity and candidate informationVerify identity and the information supplied by the candidate.Identity verification
3Check qualifications, employment history and referencesCheck qualifications, employment history and references where relevant to the role.Qualification and reference check
4Conduct sanctions, PEP, adverse-information and criminal-record checksConduct lawful and proportionate sanctions, PEP, adverse-information, integrity, conflict and criminal-record checks where applicable.Screening check results
5Assess fitness, propriety and trustworthinessAssess whether identified matters affect fitness, propriety, trustworthiness, segregation or access.Fitness assessment
6Obtain Compliance or management reviewObtain Compliance or management review for material findings and document acceptance, restriction, remediation or rejection.Review and decision record
7Complete mandatory screening before employmentDo not permit employment commencement, privileged access or AML duties until mandatory screening is complete and approved.Screening completion record
8Protect screening informationProtect screening information under applicable privacy, access and retention requirements.Privacy protection record
9Repeat or refresh screeningRepeat or refresh screening after a material role, access, legal, risk or integrity trigger where appropriate.Rescreening record
10Retain screening recordsRetain the screening scope, sources, results, decision, approver and completion date.Retention record
11Apply proportionalityFor lower-risk activities or roles, simplified procedures may be used; higher-risk situations trigger enhanced due diligence, additional verification, or management review, consistent with the handbook proportionality principles. Every employee has a role in maintaining proportional compliance by following procedures relevant to their job function and reporting risks or inefficiencies to their manager or Compliance Officer.Proportionality assessment

Evidence

  • in-scope role and screening checklist
  • identity and qualification or reference verification
  • sanctions, PEP, adverse-information and integrity results
  • finding assessment and approval decision
  • completion date and access or start-date evidence

Relationships

Assurance

Runtime effectiveness results are maintained in Odoo and assessed through the Hermes workflow tracked in ISS-HERMES-001. This note defines design, ownership, evidence expectations and testing method; it does not contain a manually maintained operation, evidence or overall effectiveness rating.

  • Design status: implemented from approved AML/CTF/CPF Compliance Manual version 2.2

History

  • 2026-07-26: Created after a full AML manual rescreen to implement the pre-employment screening requirement.