Risk Assessment
Assisted Risk Assessment and Risk Scoring
A comprehensive framework for assessing money laundering and terrorist financing risks with assisted risk assessment and recommended risk ratings
Industry-specific templates
Carefully Designed For Quick Adoption
Risk assessment templates are industry-specific and meant for plug and play, ensuring regulated entities are compliant with the latest AML laws and regulations in Hong Kong.
- Updated Frequently.
- Regular updates by our team ensure you are on top of regulatory updates.
- Industry Specific.
- Risk assessment designed to meet the standards of each regulatory body.
- Highly customisable.
- Risk assessment questions can be modified to fit your in-house risk assessment template.
Auditable Risk Assessment Reports
Be Inspection Ready
Maintain a comprehensive audit trail of each Risk Assessment to ensure you are always prepared for regulatory inspections. Auditable reports are automatically generated upon completion and stored within respective client profiles.
- Extensive Audit Trail and Reporting.
- Detailed risk assessment reports with submission timestamps are generated and can be used as evidence for regulatory inspections.
- Take Notes.
- Leave important notes and comments to document observations made during the risk assessment process, ensuring a thorough and transparent audit trail.
Risk Scoring System
Assisted Risk Scoring
- Tailored Methodology.
- Recommended risk ratings and required level of due diligence are carefully designed to align with the requirements in each regulatory body in Hong Kong.
- Recommended Risk Ratings.
- Risk ratings are based on the background and CDD documents of the clients.
- Enhanced Due Diligence.
- Provide recommended enhanced due diligence measures for your high-risk clients.
