AML/CTF Business-Wide Risk Assessment – Step-by-Step Explanation

This course provides a structured, step-by-step explanation of how to prepare and maintain an AML/CTF Business-Wide Risk Assessment (BWRA) in full compliance with the EBA Risk Factor Guidelines, one of the most critical AML obligations for CySEC, regulated investment firms and other regulated entities in Cyprus and the EU.

You will learn how to integrate findings from key regulatory sources into your BWRA, including the EU Supranational Risk Assessment Report, the National Risk Assessment Report, and relevant sectoral and supervisory papers, giving your assessment the regulatory depth that examiners expect to see.

Through practical, real-world guidance, this course walks you through how to identify and document inherent risks, design and apply effective mitigating controls, and structure your BWRA to withstand scrutiny during a CySEC or other supervisory inspection.

By the end of this training, you will have a clear, actionable framework for building or updating your firm's Business-Wide Risk Assessment from scratch, and the confidence to defend it in front of regulators.

This online AML/CTF training counts towards your CySEC CPD requirements for Basic, Advanced, and AML certificate holders, and is delivered by a CFA charterholder with hands-on compliance and regulatory consulting experience.

This course is ideal for:

• AML Compliance Officers and MLROs at CySEC-regulated investment firms
• Risk and compliance professionals responsible for AML documentation
• Legal and internal audit professionals reviewing AML frameworks
• Professionals completing their CySEC AML, Basic, or Advanced CPD obligations
• EU financial professionals seeking practical AML/CTF risk assessment training