AML-CFT - National Assessment of Risk - Recommendation 1 - page 13

National Risk Assessment Council
(NRAC)
•
The policy making body responsible for charting the way
forward on any significant policy issues that relate to or
concern the conduct of the NRA.
•
A high-level institution that provides guidance on policy
issues – ranging from ensuring high political commitment to
the AML/CFT process, to the actual conduct of the national
risk assessment and the remediation of vulnerabilities and
weaknesses found as a consequence.
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