What is RegTools?
RegTools is Regrow’s specialised software suite, made of seven complementary modules: from screening to risk assessment, transaction monitoring, alerts and decisions, up to reporting. It helps you run your compliance programme.
FAQ
Compliance FAQ: AML/CFT, KYC, PEP, screening
Frequently asked questions about our solutions, advisory, training and key compliance notions. General information, not legal advice.
Solutions (RegTools, SANERT)
What modules does RegTools include?
Seven modules: QuikScan (rapid screening deployment), RegScreen (business relationship screening), RegScan (transaction screening), RegScore (risk scoring), RegMonitor (transaction monitoring), RegFlow (alert and decision workflows) and RegReport (reporting).
What is SANERT?
SANERT is a platform for managing and distributing targeted financial sanctions lists, built for regulators and financial intelligence units. It helps them keep lists up to date and make them available to financial institutions and DNFBPs.
Who is SANERT for?
SANERT is for regulators and financial intelligence units (FIUs) that manage sanctions lists. Lists are made available to financial institutions (banks, insurers, payment institutions, leasing, microfinance, exchange bureaus, brokers, asset managers) and DNFBPs, depending on the professions designated by each country.
How does a deployment project work?
Scope, configuration and prerequisites are agreed with your teams. The solution is highly flexible and adapts to your needs and the way you work. QuikScan in particular lets you start screening quickly.
Can your tools connect to our information system?
Integration with your environment (core system, data sources, formats) is studied with your teams during scoping, as it depends on your architecture. Describe your context and we will outline the options.
What about security and data hosting?
Hosting, security and confidentiality arrangements depend on your context and regulatory requirements; they are handled with your teams during scoping. Contact us to discuss this precisely.
What are your prices?
Our services are tailored: scope, configuration, prerequisites and volume are agreed with your teams. Contact us describing your need and we will send you a tailored proposal.
Advisory
What does your advisory activity cover?
Our advisory and support covers AML/CFT/CPF diagnostics and gap analysis, policies and procedures, risk assessment methodologies, improving screening and monitoring, alert handling, data quality, regulatory changes and prioritised roadmaps.
What does an AML/CFT/CPF diagnostic involve?
A diagnostic assesses your current framework against applicable requirements and identifies gaps. It leads to prioritised action plans and a roadmap to strengthen your compliance.
Do you help carry out the risk assessment?
Yes. We support the implementation of risk assessment methodologies and the risk-based approach: mapping, criteria, weightings, risk levels and related vigilance measures.
Can you improve our screening and transaction monitoring?
Yes. We analyse and improve your screening and monitoring set-ups, as well as your investigation and alert handling methods, notably to reduce false positives and improve alert relevance.
Can you write our policies and procedures?
Yes, support includes operating models, policies and procedures, tailored to your size, activities and regulatory context.
Do you provide an action plan or roadmap?
Yes. Each engagement leads to prioritised action plans and a roadmap, so your teams know what to do, in which order and with which expected results.
Training
What training do you offer?
We offer compliance training in several formats: classroom, e-learning on the RegTrain platform, blended learning and multi-year skills programmes, with role-based paths and contextualised content.
What is RegTrain?
RegTrain is Regrow’s e-learning platform, dedicated to building compliance skills. It extends classroom or remote sessions.
Who are your trainings for?
Our paths are designed by role: compliance officers, operational teams (front and back office) and managers. Content is adapted to the sectors and countries concerned.
Which topics do you train on?
Topics already delivered include: AML/CFT/CPF, customer due diligence (front office), non-compliance risk management, integrity and anti-corruption, financial crime risks linked to crowdfunding, and modern compliance techniques. Content is adapted to your sector.
How are duration, venue and format organised?
Content, duration and delivery are adapted to your organisation: in-house or open training, classroom or remote, a single session or a programme over several months. Describe your audience and objectives to receive a proposal.
Sectors
Which sectors do you support?
We support banks and financial services, insurance and takaful, microfinance, fintech and payments, investment and capital markets, regulators and public institutions, as well as other organisations subject to strong compliance requirements.
What do you offer banks?
For banks and financial services: vigilance at onboarding, customer risk assessment and transaction monitoring, with tools (screening, scoring, monitoring), advisory and training. Illustrative scenarios are detailed on the sector page.
And for insurers?
For insurance and takaful: business relationships, beneficiaries and underwriting risks. We offer suitable tools, advisory and training, with illustrative scenarios on the sector page.
Do you support microfinance?
Yes. For microfinance we favour a risk-based approach proportionate to activities and teams, with suitable tools, advisory and training.
And for fintechs and payments?
For fintechs and payments: transaction screening and alert handling in an evolving environment, with configurable tools, advisory and training.
Do you support capital markets?
Yes. For investment and capital markets, we cover counterparty risks, decisions and reporting, with tools, advisory and training.
Do you work with regulators and public institutions?
Yes. For regulators and public institutions, our SANERT platform manages and distributes targeted financial sanctions lists. We also provide advisory and training to public institutions.
Compliance notions
What is AML/CFT/CPF?
It is the fight against money laundering (AML), terrorist financing (CFT) and proliferation financing of weapons of mass destruction (CPF). It requires financial institutions and certain professions to know their customers, assess their risks, monitor operations and report suspicions. General information, not legal advice.
What is screening?
Screening means automatically comparing the names of your customers, beneficiaries and counterparties against lists (sanctions, politically exposed persons, internal lists) to detect matches to review. It happens at onboarding, then on an ongoing basis.
What is a politically exposed person (PEP)?
A PEP is a person who holds or has held a prominent public function, as well as certain close associates. They present a higher corruption risk, which requires enhanced vigilance. Precise criteria depend on the applicable regulation.
What is the risk-based approach?
The risk-based approach means identifying and assessing the money laundering and terrorist financing risks you are exposed to (customers, countries, products, channels), then adapting vigilance measures: enhanced where risk is high, simplified where it is low.
What does KYC / know your customer mean?
KYC (Know Your Customer) covers the vigilance measures to identify the customer and verify identity, understand the purpose and nature of the relationship, identify the beneficial owner and monitor throughout the relationship.
What is a beneficial owner?
The beneficial owner is the natural person(s) who ultimately own or control a company or structure, or on whose behalf a transaction is carried out. Identifying them removes the opacity of legal arrangements.
What are targeted financial sanctions?
Targeted financial sanctions (TFS) notably consist of freezing without delay the assets of persons or entities designated on lists (for example linked to terrorism or proliferation) and prohibiting their access to funds. Institutions must identify them and apply the required measures.
What are DNFBPs?
DNFBPs are designated non-financial businesses and professions: for example lawyers, accountants, notaries, bailiffs, real estate agents, casinos and jewellers. They are subject to AML/CFT obligations depending on the professions designated by each country.
What is a suspicious transaction report?
It is the report, by an obliged entity, of an operation or relationship suspected of being linked to money laundering or terrorist financing, sent to the financial intelligence unit (in Tunisia, the CTAF). Exact conditions and deadlines depend on the applicable regulation.
What is a false positive?
A false positive is an alert raised wrongly: a name match or monitoring scenario triggered although no real risk exists. Too many false positives overload teams; reducing them without missing real risks is a major tuning challenge.
Regrow and contact
Who is Regrow?
Regrow combines regulatory expertise, technology and skills development to help organisations turn compliance into operational capability (AML/CFT/CPF, risk management, governance). We work in Tunisia, the Maghreb and Africa, with discretion and precision.
Who founded Regrow?
Regrow was founded by Dr Oussama MARGHENI, CEO and international expert in governance, risk and compliance (GRC). He has more than 18 years of experience, has led over 100 AML/CFT engagements in Tunisia and abroad, teaches at INSAT and ISAMM and trains over 1,000 learners a year.
What are your references?
Our founder, Dr Oussama MARGHENI, has worked as an expert for the World Bank, GIZ, the Union of Maghreb Banks (UBM), CTFA, IAA and the Frankfurt School of Finance & Management, with more than 100 AML/CFT engagements in Tunisia and abroad.
Do you speak at conferences and events?
Yes. Our founder regularly speaks at seminars, panels, training sessions and in the media (GIZ, CJD Talks, Radio Tunis Culture, the Order of Chartered Accountants…). See photos of these talks on the Regrow page.
Where do you operate?
Regrow works in Tunisia, the Maghreb and Africa, on site or remotely depending on needs. For an engagement in your country or institution, contact us.
Which languages do you work in?
This website is available in French, English and Arabic. Our engagements and training can be delivered in French, Arabic or English depending on your teams; specify your need when you contact us.
Are you hiring? Do you offer partnerships?
For an application, an internship or a partnership proposal, write to hello@regrow.tech describing your profile or project. We review every proposal.
How can I contact you?
Write to hello@regrow.tech or use the contact form: describe your need and our team will reply. For a presentation of our solutions, use the demo form.