Page 6 - AML 30001 - The Standard dedicated to Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF)
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EVALUATION

       AND CERTIFICATION FRAMEWORK





       Specifications

       They define the requirements in terms of:
       1-  Evaluation  of  technical  compliance  to  verify  the  conformity  of
       adopted  measures  with  the  requirements  defined  in  the
       specifications, and
       2- Evaluation of effectiveness to verify the correct application of the
       adopted measures.


       Methodology

       Interviews  with  key  persons  involved  in  AML/CFT  matters;  a
       representative and relevant sample of non-nominative files; as well as
       a comprehensive document review of the evaluated entity's internal
       AML/CFT  measures,  including,  in  particular:  policies,  procedures,
       information  systems,  and  customer  screening  and  profiling  IT
       solutions.


       Certification

       It is granted following a conclusive evaluation that demonstrates, in a
       reasoned and justified manner, compliance with the given standard.
       The evaluation covers all the requirements outlined in the
       specifications for the regulated entities, organized by each sectorial
       category and AML/CFT theme.
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