Internal Audit Report

Controls

Finding

Potential effect

Recommendation

Priority

Management response

Target date

Effectiveness From (1-5)

AML/CFT systems

Policies and procedures

Risk-Based Approach ("RBA")

Customer Due Diligence – CDD

Suspicious Transaction reports

Record Keeping

Training

AML Officer, Compliance Officer

Ongoing monitoring

Enhanced Due Diligence ("EDD")

ETC….