OTHER ASSESSMENT SOURCES AND TOOLS
EXCHANGE OF INFORMATION
LOCAL REPORTING REQUIREMENTS
LOCAL DUE DILIGENCE REQUIREMENTS
REPORTS AND PROFILES
Country AML reports and profiles can provide financial institutions deeper dive information where the need to understand the country risk posed is on a case by case basis. Indeed, for example, by better understanding the limits of sanctions, or the nature of trade of any particular country, the financial institution can mitigate risk and take on customers that might normally be refused where a risk rating tool is used, or a culture of de-risking is prevalent.