Wolfsberg Group: FAQ on Risk Assessments for Money Laundering, Sanctions and Bribery & Corruption (September 7, 2015)

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Financial Crime Risk Assessments are one element of the Financial Crime Compliance (FCC) toolkit and serve to highlight key risk areas, how well those risks are managed and support a risk-based allocation of resource to the highest risk areas, as well as the establishment of action plans for managing identified risks.
The Wolfsberg Group of International Financial Institutions has prepared FAQs on the key aspects of financial crime risk assessments.
The Group hopes that these FAQs will contribute to the promotion of effective risk management while supporting the prevention of the abuse of the financial system for criminal purposes.

Attachment

  • Wolfsberg Risk Assessment FAQ (pdf, 788 K, 28 pp)

On Wolfberg Group

See also