How to Prepare AML Audits and Succeed
This article will discuss some aspects in How to Prepare AML Audits. An AML audit analyses a reporting entity’s risk assessment and AML programme to ensure both operate effectively. Under section 59 of the Anti-Money Laundering and Countering the Financing of Terrorism Act 2009 (the AML/CFT Act), an audit must be conducted at least every three […]