Review the firm's anti-money laundering checks

Firm risk assessment, client files and training checked each year.

1. Update the firm wide risk assessment
2. Review AML policies and procedures
3. Sample client files for ID and risk checks. Most people forget this: Clients taken on before the current rules often have no risk assessment on file
4. Check ongoing checks were done for high risk clients
5. Check suspicious activity reports were handled correctly
6. Check staff have done AML training this year
7. Check staff screening records
8. Write the annual report (Money laundering reporting officer signs off)

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