AML Compliance Programme

In accordance with Section 19 of the Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2011-23, of Barbados, it is a requirement to have written internal policies and procedures to combat, detect and deter money laundering and the financing of terrorism.

We are here to help!

We have made it easy and done the heavy-lifting by creating a tool that you can easily customize to meet your obligation to have written AML policies for your organization.

Select the type of organization that applies to you:

These on demand products are customized through our setup wizard, and generate easy to edit AML Compliance Programmes in Microsoft Word format.

Why On Demand Products

Outlier’s Founder noticed two things that made her believe that on demand products could help reporting entities.

First, for many small and medium sized businesses there are very similar business models and risk profiles.

Second, many businesses don’t have a means to pay for consulting services, but have the same obligations as larger reporting entities.

She had a vision of creating a model that could level the playing field by making it easier for these businesses to create plain language documents in an affordable way.

Are On Demand Products Right For You?

While we’ve worked to keep the on demand products as plain language as possible, they will still require you to be able to read and understand the content and adjust them for your business model and compliance processes. You’ll also need to review and update them regularly (once a year – no matter what, and more often if laws or your business model change).

These program elements can save you money by providing a customizable framework for you to work with, but you’ll need to put in the time and effort to customize them and keep them up to date.

What If You Download A Product And Need Help?

If you’ve downloaded on demand products and you’re stuck, we can help. Please contact us and let us know what you need. In your request, include the product that you’ve purchased and describe the problem that you’re trying to solve. We’ll get back you within two business days. If you need help sooner, please mark your request as urgent, and we’ll do our best to get back to you sooner.

In Barbados, we work with Smith Compliance Consulting to support the AML Compliance Programme products, and provide in person consulting services.

How Do I Buy On Demand Products?

You can preview and buy our on demand products through this website using a credit card. Start by selecting the type of reporting entity that you are to view the products that are currently available. If you’re looking for something that doesn’t seem to be on the list, please contact us.