Frequently Asked Questions

An AML Search Risk Assessment is not a credit check; it performs an anti-money laundering search against entered data which leaves a soft footprint on the individuals credit file stating that an identity check for money laundering purposes has been performed. This footprint does not have a detrimental effect on an individual’s credit score/rating in any way and is specifically designed to assist in tracking identity fraud. The soft footprint is as required by the Joint Money Laundering Steering Group Guidelines 5.3.33. and is an indication that a Search is a true AML search and not just an ID check. The individual can view their credit file and the evidence left of the search (the footprint) allows them to see who searched on them and therefore ensure that the search was done with permission.