06/06/2024
Let’s evaluate how strong your Governance Framework is as a DNFBP!
✅ Do you have well-documented and business-specific AML/CFT Policies & Procedures?
✅ Is this set of documented AML/CFT Policies approved by the senior management?
✅ Do you have a skilled AML Compliance Officer having the necessary authority & seniority within the organisation?
✅ How effective is employee engagement in the overall AML function?
✅ Is your AML training program adequate and effective?
✅ How frequently does the Compliance Officer update the senior management with AML activities and compliance status?
✅ When was the last independent AML Audit conducted?
✅ Do you have a GAMBIT database that allows you to conduct efficient due diligence and risk assessment for your organisation?
✅ Do you have a compliance consultant like the Counter Fraud Center for your AML audit?
Please send us a message for all your regulatory compliance matters today.
