Score inherent AML risk across customers, products, geographies, and channels

Risk Assessment policy, §3

The AML risk assessment rates each customer type, product, geography, and channel for the money-laundering typologies it could carry, names which customer types need enhanced due diligence, and records the reasoning so the ratings can be defended.

Annual

Written before launch and refreshed each year

Describe each customer type, product, geography, and channel with its risk factors and typologies, rate it, and mark the customer types that require enhanced due diligence.

• AML risk assessment

  Document with a rated table per dimension and the rationale for each rating

AML Compliance Officer

Leela can draft the dimension tables from your product and customer facts for the officer to rate.

Tell Leela about your company to see whether this applies.