For every firm-wide risk assessment submitted by members, the risk register will display the member’s risk rating through colour coding, along with other pertinent information required by MLR2017.
From the ‘actions’ tab a Professional Body Supervisor can view the results of the member’s full risk report.
When members complete their firm-wide risk assessment, the results are duplicated to the Supervisor’s sector risk register.
The register displays the member’s overall risk profile by colour coding as well as the sector risk status.
The filters allow peer-to-peer analysis & are the perfect tool to easily identify new or emerging risks.
The member risk register includes filters to allow quick analysis & reporting of profiles.
AML Supervisors can drill down to profile ratings or analyse data deeper with a focus on industry specific criteria.
Your organisation can maintain unique case notes & set actions & tasks that can be tracked & reported.
The data obtained from the firm-wide risk assessment can be used for carrying out thematic reviews or reporting to the OPBAS on sector specific issues.
Our systems ensure you can exercise supervisory functions, informed by member risk profiles.
Comply with MLR 2017 r.17(4) which requires each supervisory authority to develop & record in writing the risk profiles of each relevant person in its own sector.
Analysis across tens of thousands of member profiles can be completed within seconds.