Source: Privacy Commissioner
Privacy Commissioner John Edwards has awarded a Privacy Trust Mark to First AMLs customer due diligence platform. It is the second anti-money laundering compliance company to be awarded the Mark after Trust Integrity Compliance (TICC) received one for its customer due diligence online forms and AML portal in June last year. In giving the award, Mr Edwards noted First AMLs platform was easy to use and explained its privacy policies to users in plain-English. He said First AML was an example of an organisation that embedded great privacy and security practices into its culture.
First AML conducts regular, detailed staff privacy and security training sessions and employs regular third-party audits that go above and beyond what is required by law, Mr Edwards said.
The Privacy Trust Mark is intended to give consumers confidence that such products or services respect and protect personal information.