Compliance AML Form

Compliance and Anti‑Money Laundering (AML) Agreement

Parties

Client Name:

Individual Corporation Limited Liability Company (LLC) Partnership

WHEREAS

WHEREAS, Client seeks to engage the services of the Compliance Provider to perform anti‑money laundering compliance, transaction monitoring, customer due diligence, and related advisory services under the terms set forth herein; and

WHEREAS, Compliance Provider represents that it maintains policies, controls and qualified personnel reasonably designed to detect, prevent and report suspicious activity and to meet Client's applicable AML obligations; and

WHEREAS, the parties desire to set forth their respective obligations, confidentiality protections, payment terms and dispute resolution mechanisms with respect to these services.

Scope of Work

The Compliance Provider shall perform the following services for Client in accordance with applicable laws and industry standards:

Typical deliverables include customer due diligence reviews, beneficial owner identification, sanctions and PEP screening, creation or review of AML policies, transaction monitoring program recommendations, suspicious activity report (SAR) templates, and training materials where applicable. The Compliance Provider will document material findings and provide written recommendations.

KYC and Documentation

Client certifies that the following documents are provided to Compliance Provider (check all that apply):

Government‑issued identification Proof of address Corporate formation documents and ownership records Source of funds/source of wealth documentation

Payment Terms

Invoices are due as set in the Payment Schedule. Unpaid amounts shall accrue the Late Fee and Client will reimburse reasonable collection costs and attorneys' fees incurred by Compliance Provider in enforcing payment.

Term and Termination

This Agreement commences on Start Date: and shall continue until End Date: unless earlier terminated as provided herein.

Either party may terminate this Agreement for material breach if such breach is not cured within the Notice Period following written notice. Termination shall not relieve Client of its obligation to pay for services performed through the effective date of termination.

Confidentiality

Each party shall maintain the confidentiality of non‑public information disclosed by the other party in connection with this Agreement and shall not use such information except to perform its obligations hereunder. This obligation does not apply to information that is (a) publicly available through no fault of the receiving party; (b) rightfully received from a third party without restriction; or (c) required to be disclosed by law, regulation or valid subpoena, provided the disclosing party is given reasonable prior notice where permitted to seek protective measures.

AML Reporting and Obligations

The Compliance Provider shall notify Client in writing of any identified suspicious activity requiring further investigation. Client acknowledges that ultimate responsibility for filing any regulatory reports, including suspicious activity reports, rests with Client unless otherwise agreed in writing. Compliance Provider will assist in preparing documentation for reporting but does not assume Client's statutory reporting obligations absent a separate written engagement.

Attestations and Certifications

By signing below, Client certifies under penalty of perjury that the information and documents provided to Compliance Provider are true, complete and correct to the best of Client's knowledge, and that Client will promptly notify Compliance Provider of any material changes to the information provided.

Politically Exposed Person (PEP) status: PEP / Senior Official Not a PEP

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction of the parties' governing state. Governing State:

This Agreement, including any exhibits or attachments incorporated by reference, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals and understandings, whether written or oral. Any amendment must be in writing and signed by both parties.

Indemnification and Limitation of Liability

Each party agrees to indemnify and hold harmless the other party from liabilities arising out of its gross negligence, willful misconduct, or material breach of this Agreement. Except for indemnification for breach of confidentiality or willful misconduct, neither party shall be liable to the other for consequential, incidental, special or punitive damages.

Risk Assessment and Notes

Key Contact

Certifications

The undersigned certify that they are authorized to execute this Agreement on behalf of their respective parties and that the information provided in this Compliance and AML Agreement is accurate and complete.

Sign Now