Tag Archives: monitoring inspections; business risk assessment firm-wide risk assessment

Common Issues Arising on AML Monitoring Visits

The various professional bodies are ramping up their anti-money laundering (AML) inspection regime, as there is more and more pressure coming at EU level, on professional bodies, to improve the consistency of the inspection system. The main issues that are arising for Irish firms on recent AML inspections are: Lack of written procedures which evidence… Read More