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.
Uncategorized
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.
25 June 2019
Letter from the FSB Chair to G20 Leaders ahead of their Summit in Osaka.
Letter to the G20 Leaders’ Summit in Osaka on 28-29 June.
Summary progress report delivered to the G20 Leaders’ Summit in Osaka.
25 June 2019
Opening statement by FSB Chair Randal K. Quarles for an FSB press briefing.
Article by FSB Chair Randal K. Quarles in the magazine Japan: The Osaka Summit published by the G20 Research Centre at the University of Toronto.
Biennial progress report on the implementation of the FSB standards on compensation.
17 June 2019
Report assesses the implementation of the FSB’s Principles and Standards for sound compensation practices.