AML Inherent Risk Assessment
DescriptionOne of the key elements of any robust AML/ATF compliance regime is conducting an Inherent Risk Assessment. This assessment is essential in order to identify, assess and understand the level of risk associated with money laundering and terrorist financing within an institution. This is an important subject for AML professionals to understand and as a result, Toronto Compliance & AML Events (TCAE) has invited Bob Kapur, a longtime leader in the world of compliance and AML/ATF to join us and delve into the regulatory requirements associated with inherent risk assessments and provide some guidance and consideration to reporting entities in conducting this essential exercise.
- What is an Inherent Risk Assessment?
- Regulatory Requirements for Inherent Risk Assessments
- Considerations for Reporting Entities
- Q & A