For more than 30 years, the Financial Action Task Force (FATF) has been the global standard by which many countries have wholeheartedly adopted the measure to combat Money Laundering and Terrorist Financing(ML/TF). Since the FATF first started in the late…
AML Lifecycle
AML Risk Assessments are an Eye Opener
As part of any AML compliance regime, the first step is to do an assessment of the risk associated with the business according to regulatory requirements. The Risk Assessment, or RA, takes into account a large scope of the business…