Compliance and Anti Money Laundering Services
With particular reference to the “Conformity impact analysis” in the identified areas, below is an overview of the method used by Cedacri Group:
- Inherent Risk assessment through the computation of two factors;
- likelihood of the risk event occurring;
- severity of impact;
- Assessment of «system» of organisational conformity units, which considers:
- completeness of the topic;
- level of detail;
- update;
- communication to relevant departments;
- • Assessment of «operation» of organisational units, which considers:
- collection and analysis of documentation in support of the audit;
- internal audits;
- findings made by Authorities during the audit, if any;
- Residual Risk assessment.