GEN 3.3.40

In Rule 3.3.39(1), "Money Laundering Risk" is the risk that an Authorised Person may be used to further money laundering. In identifying its Money Laundering Risk and establishing the necessary systems and controls, an Authorised Person should consider a range of factors, including:

(1) its Customer, product and activity profiles;
(2) its distribution channels;
(3) the complexity and volume of its Transactions;
(4) its processes and systems; and
(5) its operating environment.