LATEST: Wolfsberg Group updates advice on delivering effective, proportional Risk Based Approach 

By AML Intelligence Correspondent THE APPLICATION of a risk-based approach (RBA) is critical to the effective design and maintenance of a financial institution’s (FIs) financial crime risk management (FCRM) programme, the Wolfsberg Group said today. The programme should cover the bank’s risk appetite, policies, measures and controls, in an update to its members. An RBA Read More