The risk-based approach Guidance for the accounting profession highlights the need for a sound assessment of the money laundering and terrorist financing risks that accountants face so that their policies, procedures and ongoing customer due diligence measures mitigate these risks.
Financial Regulation and Supervision
The guidance aims to support legal professionals in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.
The guidance aims to support trust and company service providers in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.