AML / CFT manual

This comprehensive manual with templates has been developed by Strategi Institute and is a complete guide for those who need to meet AML / CFT obligations. This manual – complete with appendices and checklists – is designed specifically for small to medium-sized businesses who are deemed to be reporting entities.

This manual can be provided in either hard copy or electronic format and includes:

• A very detailed guidance note explaining what your obligations are and providing you with tips and instructions on what you are required to do and how to do it.
• A checklist for completing and assessing your risk assessment.
• A checklist for completing your AML / CFT programme.
• A sample template of a risk assessment for a simple reporting entity that is deemed to be ‘low risk’.
• A sample template of an AML / CFT programme for a simple reporting entity that is deemed to be ‘low risk’.
• A worksheet to use when completing your risk assessment.
• Appendices that provide the detailed background information that you need to help you understand what risks your business might face and the implications of those.
• Information on how to undertake customer due diligence (CDD) and identity verification.
• What is involved in the compulsory AML / CFT audit (every two years, or at any other time your AML / CFT supervisor requires), things you need to consider before you appoint an auditor to undertake your risk assessment and programme audit, and suggestions on who to appoint.