FS Business Risk Services
Key AML/CFT Risks & Hot Topics in 2022!
Following the publication of the Central Bank of Ireland’s Behaviour and Culture Report into the five main Irish retail banks in 2018, focus on strong compliance culture has expanded beyond the prudential and conduct perspective to include AML/CFT compliance culture. The importance of an effective AML/CFT compliance culture within regulated firms has been highlighted by numerous senior individuals within the Central Bank of Ireland, including the Director General, Financial Conduct, the Director of Enforcement and AML and the Head of the Anti-Money Laundering Division.