AML software for accountants and tax advisers — within your reach
SimplifiAML is the system to manage your firm’s anti-money laundering compliance: customer identification, beneficial owner, sanctions and PEP screening and due diligence records. It automates the day-to-day operational work and saves you depending on outside consultants for every file.
Art. 2.1.m
Tax advisers and accountants
€60,000
Minimum fine for a serious infringement (Art. 57)
10 years
Record keeping (Art. 25)
Are you an obliged entity? Accountants and tax advisers
Auditors, external accountants, tax advisers and anyone who provides material aid, assistance or advice on tax matters as their main business or professional activity are obliged entities (Art. 2.1.m). If you also form companies for clients, Art. 2.1.o applies too. If your firm is covered, you must identify customers, apply due diligence, screen them and keep the documentation — and directors can be held personally liable for infringements (Art. 54).
AML obligations for advisory firms: the cost of having no system
SEPBLAC may inspect you and ask for the file of any customer (Art. 47). Serious infringements carry fines from €60,000 (Art. 57), and liability can fall personally on the firm’s partners or directors (Art. 54).
Fines from €60,000
Failings in identification, due diligence or record keeping can amount to serious infringements, with a minimum fine of €60,000 (Art. 57).
Directors’ liability
Sanctions can fall personally on the firm’s partner or director, not just on the company (Art. 54).
SEPBLAC inspections
SEPBLAC may ask for the AML file of any customer (Art. 47). Without a traceable due diligence record, an inspection is a direct risk.
Company structures and beneficial owner
If you help set up companies or manage third-party funds, you must identify the beneficial owner (Art. 4) and screen the parties involved.
AML obligations for accountants and tax advisers
- ✓Identify and verify the identity of customers (Art. 3)
- ✓Identify the beneficial owner of the legal entities you work with (Art. 4)
- ✓Understand the purpose of the relationship and, where appropriate, the source of funds (Arts. 5 and 6)
- ✓Screen against sanctions lists, PEPs and their family members and close associates
- ✓Keep the documentation for 10 years (Art. 25)
- ✓Report suspicious transactions to SEPBLAC (Art. 18)
- ✓Have an AML prevention manual and appoint a representative to SEPBLAC where the rules require it (Arts. 26 and 26 ter)
- ✓Train staff on anti-money laundering where applicable (Art. 29)
AML automation
How the software helps advisory firms comply
- →Automatic screening against sanctions lists, PEPs and close associates for every customer
- →Customer files with beneficial owner, screening and logged decisions
- →Alerts when an existing customer appears on a new sanctions list
- →Transaction records and a due diligence audit trail
- →Guided onboarding, no IT, no technical training
From €39/month · No lock-in
What the software automates and what remains yours
SimplifiAML covers the repetitive part of AML — screening, records and documentation for every customer — so your team does not depend on manual processes or consultants for each case. It does not replace your professional judgement or the organisational obligations the law may impose on you.
What the software automates
- ✓Periodic and on-demand screening against sanctions lists, PEPs and close associates
- ✓Structured record of customers, beneficial owner and due diligence decisions
- ✓Digital customer files, exportable for inspection
- ✓Alerts on list changes or configured risk signals
What remains yours
- →Deciding the level of due diligence and reporting to SEPBLAC
- →The prevention manual, the representative to SEPBLAC and internal training, where applicable
- →Reviews or examinations by an independent external expert, where the law requires them
- →Final responsibility as an obliged entity and as a professional
AML software for advisory firms: day-to-day work, automated
Guided onboarding. No technical team. No lock-in.
Book a demoNo commitment · Free demo · In English or Spanish