9th April 2021 The carrying out of a business risk assessment (BRA) is an obligation that came into force as from 1st January 2018 and stems from Regulation 5(1) of the Prevention of Money Laundering and Funding of Terrorism Regulations and Section 3.3 of the FIAU Implementing Procedures Part I. The FIAU has drawn up […]
9th April 2021 From time to time, European and international bodies active in Anti-Money Laundering and Countering the Funding of Terrorism (AML/CFT) undertake initiatives that may be of interest to subject persons and to other interested parties, including the issue of documents and/or conduct consultation processes. Given that any such initiative may eventually influence how […]