World Bank report on Money Laundering and Terrorist Financing Risk Assessments

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The World Bank has published a report on the ‘Lessons Learned from the First Generation of Money Laundering and Terrorist Financing Risk Assessments’.

The report is intended to guide policy makers in improving their assessments and understandings of money laundering and terrorist financing risks in their jurisdictions.

The report provides information on:

  • The Global State of Risk-Based Approach to AML/CFT after its first decade;
  • Lessons Learned from the National Risk Assessments That the World Bank Assisted;
  • Key Considerations Related to the Risk-Based Approach; and
  • Recommendations for international stakeholders.

The report can be read to gain insights into the purpose and use of jurisdictional risk assessments.

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