AML Business Risk Assessment Template

Business Wide Anti-Money Laundering Risk Assessment


This Template Business Wide Risk Assessment is designed for use by a low risk business that wishes to assess the risks of money laundering to which its business may be subject.

A low risk business is one that is not regulated under current anti-money laundering legislation and therefore is not required to carry out a risk assessment. However, as a matter of good business practice, it is advisable for all businesses to consider having a risk assessment in place to identify and minimise the risks of money laundering and terrorist financing within their organisation.

Each business should consider the risk factors that their own business may be exposed to and identify these in their assessment. This Template set out typical risk factors which SME businesses may be exposed to and the mitigating actions that they can take to minimise these risks. The list is not exhaustive and is by way of example only and must be tailored to each specific business. If you are unsure as to the risks your business may be exposed to or how to complete this template, you should seek professional advice.

This template Business Wide Risk Assessment is intended only as a starting point to assist customers in putting together a risk assessment.

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