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Why boards must now own residual risk, not just approve it
Boards can no longer coast through financial crime risk assessments with a nod and a signature. Across every major jurisdiction, regulators have made their...
Rethinking the MLRO in the age of digital compliance
The role of the money laundering reporting officer (MLRO) has undergone a profound transformation. Once defined largely by regulatory filings, annual financial crime risk...
Who really owns the financial crime risk assessment?
Across many organisations, the Financial Crime Risk Assessment (FCRA) – whether referred to as an enterprise-wide ML/TF/PF assessment in Australia, a Business Risk Assessment...
