Illustration – AML Series #3 – What Does An Effective Customer Risk Assessment Program Look Like
This third installment in OCEG ‘s Anti-Money Laundering Illustrated Series addresses how to assess customers to identify those that may engage in money laundering.
This third installment in OCEG ‘s Anti-Money Laundering Illustrated Series addresses how to assess customers to identify those that may engage in money laundering.
Knowing your customer—really understanding them, their products, services, market areas, and business-specific context, can help your organization avoid high-risk situations and potential catastrophe. A system of monitoring, that checks both automated and human processes, decisions and actions, helps you identify risk before it becomes a problem.
Featured in: Compliance , Anti-Money Laundering , Risk Management , Anti-Money Laundering (AML) Series
