Opti.Tax Money Laundering

The German Money Laundering Act (GwG) should money laundering and the financing of by Terrorism complicate. It sets out obligations and measures that must be taken by certain individuals and organisations. These ensure, for example, that rules of conduct are defined in the event of suspected money laundering, or that control systems are put in place. The module Money laundering for the Opti.Tax-platform provides you with efficient, convenient and straightforward support in Know–Your-Customer–Analysis (KYC-Analysis). With the help of the standalone module you will fulfils its due diligence obligations in accordance with Section 10 of the Money Laundering Act. 

What can Opti.Tax do in relation to the Money Laundering Act?
Opti.Tax Anti-Money Laundering handles all tasks relating to money laundering risk analysis. Here is an extract:

• Import client master data from the practice management software, e.g. via DATEVconnect or Addison OneClick
• Import relevant data for the risk analysis
• Involve staff in a guided risk analysis
• Report on the risk assessment and identification of measures

Planned extensions: 

• Retrieving company data from the transparency register 
• Automatic reconciliation of sanctions, watch, blacklist and PEP lists via Schufa for individuals
• Submit suspicious activity reports to the FIU (Financial Intelligence Unit – Customs)

The service package:

• Opti.Tax, Money Laundering Act module
• Opti.Tax Cloud for communication within and outside the practice
• hsp.community with
  • E-learning courses
  • Discussions with advisers

Why is Opti.Tax Money Laundering Act the better choice?
There are many reasons for this:

• Your law firm retains control over the data at all times
• Interfaces with DATEV, ADDISON, tse:nit, BMD and more
• Unique efficiency features
• Seamless collaboration with contacts both internally and externally via the cloud
• Easy to use, with built-in help and guidance