4.0 - Risk assessment for your AML/CTF program

In this module we will introduce a generic risk assessment process that can be used in the first step to plan and design an AML/CTF program. Note that this material for identifying and managing risks is offered as a starting point for developing an AML/CTF program; it may not cover every contingency or requirement for your specific business. However you can use this material, or any other any process that you choose, which is appropriate to your business (size, nature and complexity) and the ML/TF risks your business may reasonably face.

Sections

4.1 Compliance and risk management

4.2 Risk management process

4.3 Risk identification

4.4 Risk assessment

4.5 Risk treatment

4.6 Monitoring and review

Summary

	Compliance culture: concerns and usage scoresheet (pdf 46kb)
	Generic risk management worksheet (pdf 57kb)
	Risk management philosophy worksheet (pdf 20kb)
	Management commitment worksheet (pdf 20kb)
	Risk appetite worksheet (pdf 19kb)
	Integrity and values worksheet (pdf 20kb)
	Competence worksheet (pdf 16kb)
	Organisational structure worksheet (pdf 19kb)
	Authority, responsibility and accountability worksheet (pdf 19kb)
	Human resources worksheet (pdf 20kb)
	Existing compliance programs worksheet (pdf 20kb)
	Available resources and people worksheet (pdf 19kb)

This module is also available in a printable format:

Module 4: Risk assessment for your AML/CTF program (pdf 299kb)

Modules 1-5: AML/CTF programs (pdf 1391kb)