Why structured AML/CFT training matters more than ever
Recent enforcement action, including the ASB AML/CFT penalty, reinforces a consistent regulator message: AML/CFT compliance depends on the quality of decision-making within a business. Where obligations are misunderstood, applied inconsistently, or left to templates alone, the risk of regulatory breach increases. For reporting entities, the Compliance Officer plays a central role in managing this risk. […]