AMLG11210 - Guidance for all sectors: Additional considerations for businesses using agents or branches
12.1 Additional considerations for businesses using agents or
branches
If you are a business that uses agents, when conducting your risk assessment, you should consider this (non-exhaustive) list of questions to help inform your risk assessment and consequently your PCPs:
- How will you apply risk management procedures to the network of agents or branches?
- How will you manage and maintain records, for example if the branch closes or you end your relationship with an agent?
- If you selected a number of customer files at random would they all...
