Written advice usual in advance of AML onsite inspections
In another written question, Mr Bakshi asked "Over the last 12 months what were the range of questions asked by Departmental Officials during any out sourced inspections done under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009?"
Ms Martin's response was: "When conducting inspections under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, officials from the Department of internal Affairs ask a range of questions to assess the business’s compliance with their legislative obligations. The questions asked at each inspection are tailored to the nature, size and complexity of the business and inspection."
Last updated on the 23rd October 2019