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 :
High-risk Third Countries
Change Date : | Word Count: 80 | Deployment Measure : 7/10
Rationale:
Your firm’s AML Policy should state that you apply EDD measures in any transaction or business relationship with a person established in a high-risk third country. This updated paragraph deals with the latest list of high risk countries.You must apply Enhanced Due Diligence (EDD) measures in any transaction or business relationship with a person established in a high risk third country (MLR 2017 regulation 33(1)(b)). The list of high risk third countries is set out in Schedule
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