78. In the strategy, competent authorities should set clear objectives for their approach to …

In the strategy, competent authorities should set clear objectives for their approach to AML/CFT supervision and set out how these objectives will be achieved within a defined timeframe and with available resources. As part of this, a supervisory strategy should:

• a) explain how they will work to mitigate the existing ML/TF risks identified in the sectors and subsectors under their supervision;
• b) explain how they will ensure that adequate supervisory coverage and monitoring commensurate with the ML/TF risk is applied to all sectors and subsectors, including those associated with lower ML/TF risks. In particular, how they will ensure that sectors associated with more significant ML/TF risks will receive higher supervisory coverage;
• c) set out the type of supervisory tools that competent authorities will use to tackle which types of risks as described in Section 4.4.4. of these Guidelines;
• d) define cycles of supervisory inspections and reviews, if any, according to which subjects of assessment in each risk category will be supervised and determine the type of supervisory tools applicable in each cycle;
•  A1
• e) determine the supervisory resources necessary to implement the supervisory strategy and ensure that sufficient resources are available to them. When determining the necessary resources, competent authorities should also consider the technological resources they need to perform their functions effectively, in particular where technology is essential to how the specific sectors operate;
•  O
• f) explain how competent authorities will tackle and address emerging risks effectively when they arise in a way that does not have an adverse effect on the entire strategy.

4.4.3 AML/CFT supervisory plan

1. Přehled

1.1 Odkazy

1.2 Identifikované požadavky

1.3 Související standardy

2. Identifikované požadavky

3. Související standardy

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