This guide highlights common weaknesses identified during AML/CFT supervisory reviews and helps firms identify areas where their framework may require attention.

This short checklist is designed to help law firms quickly assess whether their AML/CFT framework remains aligned with current supervisory expectations. 1. Risk Assessment Has your AML/CFT Risk Assessment been reviewed to reflect the 2024 National Risk Assessment and recent DIA guidance? Does it accurately reflect the types of clients, services, and transactions your firm actually undertakes? Is there a clear connection between your identified risks and the controls described