Under Section 59(2) of the AML/CFT Act a reporting entity must ensure that its risk assessment and AML/CFT programme are audited every 2 years and under Section 59B that audit must be carried out by an independent person. The reporting entity must provide a copy of any audit to the AML/CFT Supervisor upon request.
At CESL and with over 20 years compliance consulting we are suitably qualified to provide AML/CFT independent auditing services across Phase 1 and Phase 2 entities. Contact us to discuss your auditing requirements and obtain a price estimate.
Contact us to discuss your auditing requirements and obtain a price estimate.
Mornet Van Der Merwe – Head of Collection and Recoveries
Heartland Bank