This is why you need to review your UK Anti-Money Laundering Policy & Procedures
Don’t get caught out by the regulatory visit to make sure that your AML policy, risk assessment and anti money laundering procedures are doing what they are supposed to do. Changes of staff, items forgot to be handed over, out of date AML policies and procedures manual and a long forgotten checklist that NEVER gets completed or updated, will land you in hot water.
For a fraction of the cost of a fine or management time wasted during regulatory scrutiny, we can review, revise, recommend and embed the right procedures, update the governance and provide an effective risk assessment.
You Need A Robust AML and Risk Framework To Demonstrate SMCR Reasonable STEPS
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