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 :
Lack of Evidence of ID
Change Date : | Word Count: 455 | Deployment Measure : 8/10
Rationale:
Draft wording outlining how the practice can adapt to AML regulations when clients struggle with document verification. Assess client situations and deviations carefully, addressing potential money laundering and associated risks.In instances where clients encounter challenges in furnishing customary verification documents, often attributable to legitimate factors such as advanced age or physical infirmity, it is imperative to align our practices
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