FTS Showcases Latest AML/CFT Risk Assessment Innovations at Council of Europe Conference in Split, Croatia.
FTS appreciates presenting the latest innovations in supervisory techniques of AML/CFT risk assessments at the Council of Europe’s Conference on “Ensuring an effective risk-based Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) supervision of financial institutions”, with support from DG Reform and the Croatian authorities.
Notable innovations discussed included:
• Export/Import sector models and surveys between supervisors
• Enabling broad distribution of surveys among supervisors
• Enabling 3rd Party Technical Assistance
• Modelling exclusion technique for improved risk-based approach
• Threshold Selection Assistance
• Recycling sectoral data for NRA models
