This manual that can be used both as the road map to building a robust AML/CFT Program and a test to ensure that your organization has considered all the critical processes that lead to a strong and effective program.

Following the steps documented in each of the three chapters, you will:

• Understand the basis and purpose of performing a risk assessment;
• Be prepared to perform a risk assessment;
• Understand the process to allocate resources for the exercise and beyond;
• Be knowledgeable to identify, quantify, and qualify your institution’s risks; and
• Have the tools to develop a system of internal controls that fits your organization and meet your regulators’ and foreign correspondents’ expectations.