Here are a few actions that must be taken immediately when multiple red flags are observed:Receive internal reports from the employees of any kind of unusual or suspicious activities or transactions.Assesses the reports thoroughly that helps determine the probability of any potential terrorist funding and money laundering.If needed, a Suspicious Transaction Report shall be filed with the Financial Intelligence Unit.Developing and coordinating proper reporting channels for issues pertaining to effective complianceBuilding effective communication channels for the Company’s compliance with AML/CFT regulationsCoordinating and scheduling necessary compliance training for the concerned employees