Classify each issue by severity on the four-level scale

Issues Management policy, §4, §11

Each registered issue is rated Critical, High, Moderate, or Low against the definitions in the severity table. The rating sets the escalation path, the investigation clock, and the remediation window. An AML issue escalated under the AML quality assurance framework is rated at least High.

Event-driven

Each issue, at registration; re-rated if the investigation changes the picture

Compare the issue to the severity definitions and examples, record the rating and the reason in the log, and apply the AML severity floor where it applies.

• Severity rating

  Rating, rationale, rater, and date on the Issues Log entry

Compliance Officer

Leela can lay the issue against the severity table and suggest a rating, but the Compliance Officer decides it.

Tell Leela about your company to see whether this applies.