 
          
        
        
          What Does This Mean for Regulated Entities?
        
        
          
        
        
          Based on the ML/TF risk and the size of the
        
        
          business, regulated entities should:
        
        
          
        
        
          develop and ensure an appropriate ongoing
        
        
          employee training programme
        
        
          
        
        
          ensure an independent audit function to test the
        
        
          system
        
        
          Internal Controls