AML/CTF Independent Review

AML/CTF Independent Review

Chapter 8.6 of the AML/CTF Rules require that a Reporting Entity periodically commission an independent review of Part A of their AML/CTF Program.

The review should assess the effectiveness of Part A of the AML/CTF Program, having regard to the club’s ML/TF risk; its compliance with the AML/CTF Rules; and the effective implementation of and compliance with the AML/CTF Program.