Self-Risk Assessment

This service includes supporting the institution in identifying and assessing sources of risk related to clients, products and services, delivery channels, geographical areas, and operations, while systematically measuring and classifying the level of risk.

It also involves evaluating the adequacy and effectiveness of the controls and procedures established for anti–money laundering and counter-terrorism financing (AML/CFT), including due diligence processes, transaction monitoring systems, reporting mechanisms, compliance controls, and sanctions. We prepare a comprehensive self-assessment report that outlines the current risk levels, weaknesses, and remediation and improvement plans, with support for obtaining approval of the results from senior management and the Board of Directors, thereby enhancing compliance and meeting regulatory requirements.