Every year, thousands of inspections take place across the European Union. Supervisory authorities verify whether businesses properly screen their clients, keep records, and report suspicious transactions. And every year, fines are handed out — ranging from tens of thousands to millions. Yet most of the businesses that get fined are not criminals. They are estate agents, accountants, notaries, and traders who simply didn't know how to handle their AML obligations — or didn't have the time, staff, or tools to do so. That's exactly why AML PROOF was built.
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AML is not just for banks. It applies to almost every business.
The Anti-Money Laundering Act (in the Czech Republic: Act No. 253/2008 Coll., at EU level: the AMLD directives and the new EU AMLR 2024 Regulation) applies to dozens of different professions and industries.
Across the EU, more than 3 million businesses qualify as obliged entities. These typically include:
- Estate agents and property developers
- Accountants, tax advisers, and auditors
- Notaries and lawyers
- Dealers in precious metals, jewellery, or luxury goods
- Currency exchange operators and payment service providers
- Crypto-asset platforms (CASP/MiCA)
- And dozens of other sectors
Every obliged entity must fulfil these core obligations:
- Maintain an AML programme (internal policy, methodology)
- Verify every client before starting a business relationship (KYC/KYB)
- Screen clients against sanctions lists and PEP registers
- Assess the risk level of each client
- Conduct Enhanced Due Diligence (EDD) for high-risk clients
- Keep records for 5–10 years
- Report suspicious transactions to the Financial Intelligence Unit (FAÚ/FIU)
But what does this look like in practice? Many obliged entities rely on paper forms, spreadsheets, or — in the worst cases — do almost nothing. Inspections are coming, though. And they're coming more and more often.
It was born out of frustration. And the belief that there's a better way.
The founders of AML PROOF kept running into the same problem. On one side: a state that keeps tightening rules and raising fines. On the other: thousands of small and medium-sized businesses with no in-house compliance specialist, no time to study legislation, and no tool to help them.
Banks have entire departments. Large corporations have AML software costing hundreds of thousands per year. But an estate agency with five employees? An accounting firm with ten people? A notary? They're on their own — or reliant on expensive consulting that doesn't produce documentation on their behalf.
AML PROOF was built to close that gap. The goal was simple: create a platform that democratises AML compliance — making it accessible, understandable, and manageable for every obliged entity, regardless of size or budget.
Are you subject to AML obligations?
Find out immediately whether your business falls under AML regulation and which requirements apply to you.
AML PROOF is an AML compliance platform for obliged entities.
AML PROOF is a web-based SaaS platform that guides businesses through the entire AML process — from creating mandatory documentation, to screening clients, to archiving and preparing reports.
It works in two languages (English and Czech), meets the requirements of GDPR, EU AMLR 2024, FATF and other key standards, and is accessible from anywhere. In short: instead of paper, spreadsheets, and uncertainty, you get one tool that knows what needs to be done — and walks you through it, step by step.
Three steps: how AML PROOF works.
Step 1: Create your obliged entity profile
Start by entering basic information about your business: what you do, which services you provide, who is responsible for AML within your organisation. Based on this, the system automatically generates 8 mandatory documents:
- AML Policy
- Business-Wide Risk Assessment (BWRA)
- CDD/KYC Framework
- Risk Appetite Statement
- Suspicious Transaction Reporting Procedure (STR/SAR)
- MLRO role description
- Training Policy
- Outsourcing and Reliance Policy
Step 2: Screen your clients
For each new case (client onboarding), the system automatically carries out:
- Client identification — individual or legal entity, beneficial owners (UBOs), representatives
- AML screening — checks against sanctions lists (OFAC, EU, UN), PEP registers, and adverse media
- Risk assessment — automated risk score calculation (customer, product, geography, channel)
- Due diligence recommendation — SDD, CDD, or EDD
Step 3: Archive and stay ready
Each completed case is archived — with all records, documents, and timestamps — and remains accessible throughout the legally required retention period (5–10 years). Cases can be exported as PDF or shared with a regulator. If a suspicious transaction report needs to be filed with the FIU, the system guides you through the entire process within the app.
It's for every business legally required to meet AML obligations.
AML PROOF is designed for small and medium-sized obliged entities that don't have an in-house compliance specialist and need a simple, transparent, and affordable solution.
| Who | Why they need AML |
|---|---|
| Estate agent | Property purchases and sales above EUR 10,000 |
| Accountant / tax adviser | Bookkeeping, financial advisory |
| Lawyer / notary | Asset management, company formation |
| Crypto trader | MiCA/CASP regulation |
| Currency exchange / PSP | Payment and exchange services |
| Luxury goods dealer | Cash transactions above EUR 10,000 |
And for any other business or individual who wants to have their AML obligations under control — without chaos, without fear of fines, without wasted time.
AML compliance doesn't have to be a nightmare.
Three million obliged entities across Europe face the same challenge: complex legislation, increasing inspections, and too few accessible tools.
AML PROOF was built to change that. So that even a small estate agency or a solo accountant can fulfil their AML obligations correctly, efficiently, and with confidence.