Designated Non-Financial Businesses and Professions (DNFBPs) and Virtual Asset Service Providers (VASPs) are likely to encounter Money Laundering (ML) risks because of the nature of their business, products and services, modes of transaction, customer’s geographical background and complex business structures. Crafting a money laundering risk mitigation strategy is an essential risk management strategy for DNFBPs and VASPs.
Our latest guide helps DNFBPs and VASPs craft the ultimate strategy to mitigate Money Laundering risks and offers secure and advanced technological solutions to strengthen their Anti-Money Laundering (AML) program. Here’s everything DNFBPs and VASPs can find in this guide:
Uncover the ML Risks: Get a comprehensive idea of the money laundering risks to devise the money laundering risk mitigation strategy accurately.
VASPs and DNFBPs to defeat money laundering threats: Locate the role of DNFBPs and VASPs in countering money laundering threats.
Conquering Compliance: Learn about the Risk-Based AML compliance processes such as Customer Due Diligence (CDD), Transaction Monitoring, Training and Awareness, Record Keeping, Internal Policies and Controls to secure businesses and mitigate money laundering risks.
Advanced technology to the aid: Gain insights into the role of advanced technological tools and solutions to enhance the existing AML compliance capabilities.
Download the guide now to amplify AML risk mitigation efforts!
