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IOM: FSA – AML/CTF Monitoring Report

The IOM FSA AML/CTF Handbook requires firms to periodically monitor the implementation and operation of all AML/CFT procedures and controls. The Monitoring Report has to cover designated topics and must be conducted at an appropriate frequency based on the complexity, scale and overall risk of the business.

Our AML Monitoring Report solution enables clients to ensure they have implemented and operated in strict accordance with the IOM handbook and minimises the risk that the firm is used for money laundering.

GRC-Maestro keeps the records you need to show, the: who, what, when and why regarding AML Monitor Reporting. As new money laundering risks emerge, regulations change or your business evolves, our AML Monitoring Report solution reflects these changes.

Related Resources

IOM: FSA – AML/CTF Monitoring Report