Search results with tag "And proportionate"
AML/CFT Risk Assessment and Programme
amlsolutions.co.nzYou should keep in mind that an effective AML/CFT regime is risk-based and your risk assessment and programme need to fit the risk your business faces. For instance, small and low-risk reporting entities should have a risk assessment and programme that is simple and proportionate …
ENTERPRISE-WIDE RISK ASSESSMENT
www.mas.gov.sgrisk assessment (EWRA) assesses a financial institution’s (FI) inherent ... risk-based and proportionate manner, giving proper regard to the profile of their business activities and customers. 3. ... Effective senior management oversight is critical for the development and
GUIDANCE FOR EFFECTIVE AML/CFT TRANSACTION …
www.mas.gov.sg1.3 An effective TM system is comprised of the following elements: ... points from this guidance in a risk-based and proportionate manner, giving proper regard to the profile of their business activities and customers. In doing so, FIs should note that the