Financial Crime Insights: AML/CFT Program Gap Assessment: A Step-by-Step Methodology How to conduct a gap assessment that produces actionable findings — not just a list of missing policies
AML/CFT Program Gap Assessment: A Step-by-Step Methodology That Produces Actionable Findings Every regulated financial institution conducts some form of AML/CFT gap assessment. Yet a striking number of those exercises culminate in a tidy spreadsheet of “missing policies” that earns a polite nod from internal audit — and then fails spectacularly under regulatory examination. The reason…