151. In addition to regular reviews at fixed intervals, competent authorities should review, update …

In addition to regular reviews at fixed intervals, competent authorities should review, update or amend their AML/CFT RBS Model if its adequacy or effectiveness is called into question by events such as:

• a) External evaluations of the model, including by the FATF, Moneyval or external audits;
• b) Internal evaluations of the model, including an internal gap analysis, internal audit reports, quality assurance testing and ‘ lessons learned ’ exercises;
• c) Significant changes of the legislative or regulatory AML/CFT environment;
• d) Publication of relevant international guidance; and
• e) Emergence or identification of new risk factors.

4.5.3 Organisational and procedural aspects of the review process

1. Resumen

1.1 Referencias

1.2 Requisitos identificados

1.3 Estándares relacionados

2. Requisitos identificados

3. Estándares relacionados

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