OTHER ASSESSMENT SOURCES AND TOOLS

LOCAL KNOWLEDGE

EXCHANGE OF INFORMATION

RATING TOOLS

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.