Periodic Risk Reviews

All regulated businesses are required to perform client risk reviews on a periodic basis throughout the life of each client relationship in order to ensure that existing customer information is up to date, that each customer’s assigned risk rating continues to reflect the appropriate AML risk ratings, in order to capture any material change in the customer’s profile.

Redwood can help to design efficient and effective review processes to include, if necessary, resources to support you in undertaking these reviews and/or oversight to ensure that the process is completed appropriately within agreed timescales