AML/CFTR 3.5.2 Policies etc for jurisdiction risk

A firm must have policies, procedures, systems and controls to address the specific risks of money laundering, terrorism financing and other illicit activities posed by the types of jurisdictions with which its customers are (or may become) associated.

Examples of 'associated' jurisdiction for a customer

See examples to rule 3.5.1 (1).

Derived by QFCRA RM/2019-8 (as from 1st February 2020)