Money laundering poses a detrimental impact on businesses and the economy as a whole. According to the United Nations Office on Drugs and Crimes, the amount of money laundered around the world in a single year is presumed to be 2–5% of global GDP, which is roughly $800 billion to $2 trillion.

The purpose of this policy from TechRepublic Premium is to provide guidelines to prevent, detect, mitigate, and report all acts of money laundering within your company.

From the policy:

RISK ASSESSMENT

To measure the company’s susceptibility to money laundering, these factors will be considered in its periodic risk assessments:

Customer demographics.

Geographic locations the company operates in.

Nature of relationships with customers.

The download comprises a 10-page PDF and Word document.

This is available to download for $19. Get access to more downloads with a Premium annual subscription: click here to find out more.

TIME SAVED: It took 14 hours of writing, editing and research to create this content.