CAYMAN ISLANDS: NATIONAL RISK ASSESSMENT

The Cayman Islands has issued its NRA which was carried out between January and September 2021 by 15 working groups under the stewardship of the Anti-Money Laundering Steering Group (AMLSG) and the National Coordination Team, with the support of an international consulting firm.  It is structured into 5 main Chapters, which separately analyse relevant threats, inherent risks, and strength of controls.  The 5 Chapters are – Background and Context; Money Laundering Risks; Terrorism Financing Risks; Proliferation Financing Risks; and Overarching Risk Topics. 

https://amlu.gov.ky/wp-content/uploads/2022/03/2021-NRA.pdf

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: