IAIS Insurance Core Principles (ICPs)
ICP 22: Anti-money laundering and combating the financing of terrorism – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 22.1: Understanding of ML/TF risks, regular sector risk assessment and a risk-based approach consistent with FATF

What does 22.1 require?

Where the supervisor is the designated AML/CFT authority, it has a thorough understanding of the money laundering and terrorist financing risks insurers and intermediaries face, uses available information to assess those risks to the sector regularly, and applies a risk-based approach consistent with the FATF Recommendations.

Maintained by Gerard BlokdykControl text last updated

Other controls in ICP 22: Anti-money laundering and combating the financing of terrorism – IAIS Insurance Core Principles (ICPs)

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.