20 November, 2017

Compliance Update

In light of Achisomoch’s growing turnover and the increasing levels of regulatory scrutiny that govern our sector, we have recently streamlined our compliance activities into a new division. The Compliance department sets and implements internal policies and procedures to ensure that we as an organisation meet the standards and requirements necessary as imposed by the regulatory authorities.

With over 150,000 donations being processed annually, automated checks have been implemented to flag transactions that require some additional clarity to ensure that we comply with the standards and requirements imposed on us by the regulatory authorities.

How might this affect you?

From time to time, you or a charity may be contacted by a member of our compliance team to obtain further information in relation to a specific request which you have made to Achisomoch. This may be due to the size of the donation or it may simply be a random check that is generated by our system.

When this occurs, please assist us by providing us with the relevant information in a timely manner so that your transaction can be cleared for processing without further delay.

We would like to take this opportunity to thank you for your understanding and ongoing cooperation in this matter.

This blog post is part of our ongoing blog started in October 2017 that aims to keep you, charity or donor, updated and informed on all the latest improvements and new features of our service plus tips on how best to use our services. We will also produce periodically stats as to show how our service is making a difference.
Please contact us with any queries or suggestions for improvement.