AML Firm-Wide & Sanctions Risk Assessments Workshop (H1039)
Risk-based compliance has become a standard global expectation, but many firms continue to struggle with outdated or incomplete AML risk assessments. Regulators now expect clear documentation, alignment between assessments, and the ability to demonstrate how risk informs due diligence, monitoring, and controls.
Table of Contents
- About the Course
- Who Should Attend
- Key Learning Objectives
- Course Curriculum
- Meet the Trainer
- FAQs – Frequently Asked Questions
- Other Upcoming Courses
- Fees & Registration Details
- Registration Form
About the Course
This 10-hour practical workshop is designed to help compliance professionals, AML officers, and senior management master the three key AML risk assessments required under AML regulatory frameworks: the Client Risk Assessment, the Firm-Wide Risk Assessment, and the Sanctions Risk Assessment.
The course responds to the increasing regulatory emphasis on structured, risk-based compliance approaches that are aligned, consistent, and operationally effective. It will guide participants step-by-step in building, reviewing, and applying each assessment type—through live examples, group work, and targeted exercises.
Participants will leave with actionable knowledge, tools, and practical templates they can implement directly within their organization to strengthen compliance and prepare for regulatory inspections.
Register via ERMIS platform using code 688519
*This training program is designed to support continuing professional development (CPD). Participants are encouraged to verify with their professional body or regulatory authority whether the training meets their individual or institutional CPD requirements.
Timetable
Who Should Attend
This course on AML Firm-Wide & Sanctions Risk Assessments, is suitable for:
- AML Compliance Officers and Deputy Compliance Officers
- Risk Management Professionals
- Internal Auditors
- Legal/Regulatory Advisors
- Directors and Senior Managers with AML oversight responsibilities
- Professionals preparing for regulatory inspections
Key Learning Objectives
Following the completion of the course on AML Firm-Wide & Sanctions Risk Assessments, the attendees will be able to:
Knowledge level
- Understand the key components, legal basis, and regulatory expectations for the three types of AML risk assessments
- Distinguish clearly between the Firm-Wide, Client-Level, and Sanctions Risk Assessments and their roles in the AML framework
- Recognize common weaknesses and errors found during regulatory inspections
Skill level
- Draft, structure, and complete each of the three assessments using standard methodologies
- Design risk matrices and scoring models for client and firm-wide exposure
- Evaluate existing risk assessments for completeness and accuracy
- Translate assessment results into real-life monitoring and due diligence measures
Attitude level
- Value the importance of consistency, clarity, and evidence-based risk classification
- Strengthen internal compliance culture by linking risk assessments to day-to-day operations
- Improve preparedness for inspections and supervisory evaluations
Course Curriculum
- Overview of AML legal requirements
- The shift from checkbox compliance to evidence-based assessments
- Understanding the 3 types of AML risk assessments
- The link between assessments, policies, and real controls
- Defining your firm’s exposure: services, clients, geography, delivery
- Structuring a firm-wide assessment: content, format, level of detail
- Building a scoring model and matrix
- Workshop: Create a basic firm-wide risk profile from a case scenario
- Client risk factors: UBOs, nature of business, countries, behavior
- Designing scoring systems that lead to actionable outputs
- Case study: Rate a sample client and justify EDD requirements
- Group activity: Spot flaws in sample client assessments
- Why sanctions risk is different from ML/TF
- Sectoral, geographic, and product-based exposure
- Evasion indicators and proliferation financing risks
- Workshop: Build a sanctions risk assessment for a sample firm
- Group review: match control measures to risk levels
- Ensuring consistency between risk assessments and AML policies
- Using assessments to drive onboarding, transaction monitoring, training
- Checklist: What supervisors look for in each assessment
- Peer review session: Evaluate anonymised risk documents
- Consolidated review of the three risk assessments
- Troubleshooting session: group discussion of participant challenges
- Action plan: How to update or rebuild your risk assessments
- Final Q&A and trainer feedback
Meet the Trainer
Fees & Registration Details
FAQs – Frequently Asked Questions
The workshop focuses on Firm-Wide Risk Assessment (FWRA), Client Risk Assessment (CRA), and Sanctions Risk Assessment (SRA)—all required under AML laws and CySEC guidelines.
Participants learn to structure and document AML risk assessments using standard models, identify common regulatory weaknesses, and align risk findings with real monitoring and due diligence controls.
Yes. It is designed for both compliance experts and senior managers, with a step-by-step approach, real examples, group exercises, and practical templates ready for implementation.
You will be able to build and review FWRA, CRA, and SRA, design risk scoring systems, link assessments to AML policy, and prepare documentation that meets CySEC and supervisory standards.
