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.
Compendium
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.
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.