Entity-Based Requirements

Risk Assessment and Internal Policies, Procedures and Controls

Regulated dealers are required to perform an assessment of the money laundering (“ML”) and terrorism financing (“TF”) risks faced by their business. They are also required to develop internal policies, procedures and controls (“IPPC”) to manage their ML/TF risks.

Entity-Based Requirements for Precious Stones and Precious Metals Dealers (“PSMD”): Watch the videos to find out how the regulatory regime safeguards the PSMD sector and begin your journey as a regulated dealer.

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Video: How to perform risk assessment and develop internal policies, procedures and controls ("IPPC")