With the AML Update Service
You can receive updates about the latest and relevant paragraphs for you to consider including in your AML Policy
AML Update Service extract for :
Controls and Recordkeeping
Change Date : | Word Count: 83 | Deployment Measure : 8/10
Rationale:
Expansion of the policy to require formal documentation whenever the firm relies on the General Licence, including client details, payment records, and confirmation of compliance.In situations where firm relies on the OFSI General Licence to accept or bill for work for a designated person, the following records must be kept: - Name of the
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