Module 3 · Doing it in FreeAML

3.2 Risk assessment and AML/CTF program

Name: 3.2 Risk assessment and AML/CTF program
Uploaded: 2026-10-11
Duration: PT1M21.12S
Description: You'll answer a short set of questions, review your drafts, and publish your AML/CTF program.

You'll answer a short set of questions, review your drafts, and publish your AML/CTF program.

1 min 21 sec

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Transcript

Let's build your risk assessment and AML/CTF program in FreeAML. Open the compliance document generator and choose your industry. Then add your business name. Next, answer twelve short questions about your customers, services, delivery channels and countries. FreeAML uses your answers to draft your risk assessment and your AML/CTF program. Review the drafts and tailor them to how your business really works. A senior manager should approve the final version. Then publish it from the AML/CTF program page. Each published version is kept as it was, and new verifications record the version in force. Quick recap. Choose your industry, answer the questions, and review the drafts. Have a senior manager approve them, then publish. Every version is kept. Next up: verifying a company, trust or super fund.