THE BASICS! THE COMPLIANCE MANUAL!

Policies, procedures and internal controls, oh my! The Compliance Manual is an integral requirement for regulated financial services firms and DNFBPs that go beyond AML/CFT requirements. It often serves as the foundation for internal staff training, and must address necessary internal controls. The Compliance Manual also needs to be updated regularly to ensure that they consider and provide measures to mitigate against evolving risks and threats. Regulators also review these documents - in the course of inspections and at other points in a firm's regulated lifespan. Check out this video to get more perspective on the importance of The Compliance Manual.

#compliance #amlcft #policies #procedures #risks #riskassessment #complianceofficers #training #kyc #duediligence #inspection #regulators
Look out for future videos on AML/CFT issues, Digital Assets, Innovation, Training and more!

Check out my first online course – The Essentials of CDD in Financial Services – may be right for you! Why? Because compliance issues are not straightforward and often not easy; this course breaks down the area targeted the most by regulators into clear details on the things that cause compliance efforts to go astray with due diligence, and more importantly, possible solutions on how to put things right.
https://www.ignussolutions.com/buy-now

There’s also free content!
Visit https://www.ignussolutions.com/opt-in...

Are you a Financial Institution looking for clues on how to get ready for regulatory scrutiny? Check out my online course: Inspection Tips & Insights into the Approach of Regulators. Visit https://www.ignussolutions.com/inspect

Follow me on Twitter at   / siofreg1  
Follow me on LinkedIn at www.linkedin.com/in/simone-martin-vi