27. Where the functions of the AML/CFT compliance officer are to be entrusted to an officer or …

Where the functions of the AML/CFT compliance officer are to be entrusted to an officer or employee who already has other duties or functions within the credit or financial institution, the management body should identify and consider possible conflicts of interest and take the steps necessary to avoid or, where this is not possible, manage these. The management body should ensure that that person can allocate sufficient time to the functions of AML/CFT compliance officer.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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