TOP-LEGAL | Business Anti Money Laundering Risk Assessment Template

Other Documentation :

Site Work Method Statement Working with Handheld or Bench Mounted Power Tools Site Work Method Statement Working with Cut Timber or Sheet Materials Site Work Method Statement Working on Scaffolding Site Work Method Statement Window Fitting Glazing Site Work Method Statement Wall Plastering Rendering Walls Site Work Method Statement Using a Disc Cutter Site Work Method Statement Using a Cement Mixer Site Work Method Statement Unloading Bricks Blocks Sand Cement Site Work Method Statement Stripping Out Works Site Work Method Statement Stripping Out Works

A Business Anti-Money Laundering (AML) Risk Assessment is a structured evaluation of the risks a business faces related to money laundering and terrorist financing activities. It helps identify vulnerable areas, assess the likelihood and impact of such risks, and implement appropriate controls to ensure compliance with the UK’s Money Laundering Regulations 2017.

Do you have any Question?

Yes, under the UK Money Laundering Regulations 2017, businesses in regulated sectors (like financial services, legal, and real estate) are legally required to conduct and maintain an AML risk assessment.

It should be reviewed regularly and updated when there are significant changes in the business’s activities, services, or regulatory environment, typically at least once a year.

Keyword :

Anti-money laundering

Area Of Law :

Compliance & Regulation

Sector :

Corporate & Business Law

Category :

Private Law

Region :

EEA