Blog tagged as Geographical Risk

Short snappy key points on SRA's Warning Notice on Client & Matter Risk Assessments

We take a deep dive: SRA Warning Notice published on 18 October 2023 The SRA’s Warning Notice (18 October 2023) highlights persistent weaknesses in Client and Matter Risk Assessments (CMRAs), with over half of reviewed assessments deemed ineffective in 2022/23.

Geographical Risk - not only a consideration in your FWRA but also in relation to your clients. Apart from FATF are there any other resources to assist in understanding risk? See this toolkit of information.