AML Risk Rating

An AML risk rating is a scoring system that categorizes the level of risk associated with a customer or transaction. This rating helps organizations determine the level of due diligence required, such as standard, enhanced, or simplified. Factors influencing the AML risk rating include the customer’s profile, nature of transactions, and their geographic location.

Accurate AML risk rating is essential for prioritizing resources and ensuring that higher-risk activities are subject to more rigorous monitoring and investigation.