AML compliance for your whole client base
Manual customer due diligence (KYC) in spreadsheets eats billable hours (and still leaves gaps when the county administrative board’s inspection letter arrives. Vidd brings the firm’s entire AML workflow into one place) built for the Swedish Anti-Money Laundering Act and ready for the EU’s upcoming AML Regulation (AMLR).
From spreadsheet KYC to a single AML workflow
Onboarding without the paperwork
Verify identity with BankID, collect KYC answers digitally and pull company data straight from the Bolagsverket register.
Sanctions & PEP screening
Screen every client and beneficial owner against sanctions lists and PEP data, automatically, not once a year.
Ongoing monitoring
Clients are re-screened continuously, so a change in ownership, sanctions status or risk never goes unnoticed.
Risk classification built in
Classify every client against your firm-wide risk assessment, with risk classes that drive the right level of due diligence.
Inspection-ready documentation
Every check, decision and review is logged, so supervisory inspections are a report you can pull, not a last-minute fire drill.
Hours back to billable work
Standardised workflows and automation cut the manual AML admin that eats into partner and staff time.
Learn from supervisory decisions
Benchmark the firm-wide risk assessment against the deficiencies the county administrative boards actually cite in their AML decisions.
Built for firm groups
Central oversight for the compliance function, local workflows per office and role-based permissions across the group.
Compliance that covers every client, not just the new ones
One view of the whole client base
See KYC status, risk class and outstanding actions for every client in one place, no more chasing spreadsheets across partners and offices.
Ready when the county administrative board calls
Because every step is documented as you work, your firm can evidence its AML programme at any time, without a last-minute file review.
Frequently asked questions
What does the Anti-Money Laundering Act require of accounting firms?
Accounting firms are obliged entities under the Swedish Anti-Money Laundering Act. That means maintaining a firm-wide (general) risk assessment, performing customer due diligence on every client, risk-classifying clients, monitoring engagements on an ongoing basis, reporting suspicious activity to the Financial Intelligence Unit (Finanspolisen, via goAML) and documenting the work. Vidd supports each of these steps in one workflow.
Who supervises accounting firms?
Anti-money-laundering supervision of accounting firms is exercised by the County Administrative Boards (länsstyrelserna) in Stockholm, Västra Götaland and Skåne. They review firms’ general risk assessments, customer due diligence and ongoing monitoring, and publish their decisions.
What happens if our AML work falls short?
The county administrative board can order the firm to remedy deficiencies and, in more serious cases, decide on administrative fines. Well-documented procedures, risk assessments and customer due diligence are the best preparation, vidd keeps that documentation complete as you work, though software alone cannot guarantee compliance.
Does vidd work for a firm group with several offices?
Yes. Vidd is built for firm groups: the compliance function gets central oversight of the whole client base, each office keeps its local workflows, and role-based permissions control who sees and does what.