A Business Risk Assessment (“BRA”) is used to identify and assess Money Laundering & Financing of Terrorism risks across your business and to implement a process of how to mitigate exposure to the identified risks. This is in addition to other risks to your business and should be in line with your overall risk appetite.  

 

We can assist with the creation of a BRA in accordance with new submissions to the regulator, or alternatively undertake a review of your existing BRA to provide assurance that it adheres to the regulatory requirements.