OTHER ASSESSMENT SOURCES AND TOOLS

Country AML reports and profiles where the financial institution needs to understand the country risk posed on a case by case basis as they will provide a more in depth knowledge of the risks posed. 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.