Policies, procedures and internal controls, oh my! The Compliance Manual is an integral requirement for regulated financial services providers and DNFBPs that goes beyond AML/CFT requirements. It often serves as a basis for internal staff training and should include necessary internal controls. The Compliance Manual should also be updated regularly to ensure that they consider and provide measures to mitigate evolving risks and threats. Regulators also review these documents – during inspections and at other times in a company's regulated lifespan. Watch this video to gain more insight into the importance of the Compliance Manual.

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