Implementing a Risk-Based Approach Regional Workshop Resource Hub
This page hosts curated materials and learning assets from AltusRegional’s workshop on Implementing a Risk-Based Approach to AML/CFT compliance- a critical touchpoint for aligning institutional governance with international standards.
The workshop convened legal, regulatory, and compliance professionals across the Caribbean and beyond, centering practical strategies for embedding FATF Recommendation 1 through documentation, risk culture, and supervisory expectations.
Navigate the tabs below to access expert-led content and supporting materials:
Implementing a Risk-Based Approach Regional Workshop Resource Hub
Implementing a Risk-Based Approach-Workshop Overview
Facilitator: Natalie O. Sandiford, Managing Director, Altus Regional
A comprehensive overview of the workshop’s objectives, methodology, thematic flow, and speaker bios.
🔗 Download Slide Deck (PDF)
—
Presentation: National Risk Assessments and their Application in Risk Management
Speaker: Mrs. Knalidi Jackson-Frederick, Financial Advisor, Caribbean Financial Action Task Force (CFATF)-
This high-level presentation examined National Risk Assessments and their Application in Risk Management.
🔗 Download the CFATF Slides (PDF)
—
Embedding Effective CDD in Practice
Speaker: Julia Shamini Chase, CEO & Founder, Gold Leaf Consulting Ltd., BVI
A structured CPD guide into conducting Customer Risk Assessments, from macro-level prioritization to institutional risk assessments, and documentation of inherent risk categories.
🔗 Download the CDD Presentation Slides (PDF)
Materials are for workshop reference only. Redistribution requires consent from AltusRegional.
AML Compliance Training Plan Guide
Effective AML Compliance Training equips Financial Institutions, DNFBPs, VASPs and TCSPs with risk-based frameworks aligned to the FATF Recommendations, and strengthens their ability to deter, detect and report illicit finance. Read our guide for developing your AML Compliance Training Plan..
AML Compliance Training Plan Guide
Effective AML Compliance Training equips Financial Institutions, DNFBPs, VASPs and TCSPs with risk-based frameworks aligned to the FATF Recommendations, and strengthens their ability to deter, detect and report illicit finance. Read our guide for developing your AML Compliance Training Plan..
References
References
References:
- Final Report Artificial Intelligence Public Private Forum. Retrieved from https://www.bankofengland.co.uk/-/media/boe/files/fintech/ai-public-private-forum-final-report.pdf
- Opportunities and Challenges of New Technologies for AML/CFT. Retrieved from https://www.fatf-gafi.org/content/dam/fatf-gafi/guidance/Opportunities-Challenges-of-New-Technologies-for-AML-CFT.pdf.coredownload.inline.pdf
- 7 Use Cases of Artificial Intelligence in Anti-Money laundering. (2025). Retrieved from https://amlwatcher.com/blog/7-use-cases-of-artificial-intelligence-in-anti-money-laundering/
- Cameron, S. (2024). AML and ai: How AI is changing the AML landscape. Retrieved from https://complyadvantage.com/insights/aml-ai-how-ai-is-changing-the-aml-landscape/
- MCTI (2025). Final version: Brazilian Artificial Intelligence Plan (PBIA). (n.d.). Retrieved from https://www.gov.br/mcti/pt-br/acompanhe-o-mcti/noticias/2025/06/publicada-versao-final-do-plano-brasileiro-de-inteligencia-artificial-sob-coordenacao-do-mcti
Useful Links
Financial Action Task Force. (2008). RBA guidance for legal professionals, accountants and trust and company service providers. Retrieved from https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Rba-trust-company-service-providers.html
Financial Action Task Force. (2012). International standards on combating money laundering and the financing of terrorism and proliferation: The FATF recommendations. Retrieved from https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Fatf-recommendations.html
Financial Action Task Force. (2013). Guidance for a risk-based approach: The banking sector. Retrieved from https://www.fatf-gafi.org/en/publications/Risk-based-approach/Guidance-rba-banking-sector.html
Financial Action Task Force. (2019a). Guidance for a risk-based approach for legal professionals. Retrieved from https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Rba-legal-professionals.html
Financial Action Task Force. (2019b). Guidance for a risk-based approach for trust and company service providers. Retrieved from https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Rba-trust-company-service-providers.html
Financial Action Task Force. (2019). Guidance for a risk-based approach to virtual assets and virtual asset service providers. Retrieved from https://www.fatf-gafi.org/publications/fatfrecommendations/documents/guidance-rba-virtual-assets.html
Financial Action Task Force. (2021). Updated guidance for a risk-based approach to virtual assets and virtual asset service providers. Retrieved from https://www.fatf-gafi.org/content/dam/fatf-gafi/guidance/Updated-Guidance-VA-VASP.pdf
AML Compliance Training Plan Guide
Effective AML Compliance Training equips Financial Institutions, DNFBPs, VASPs and TCSPs with risk-based frameworks aligned to the FATF Recommendations, and strengthens their ability to deter, detect and report illicit finance. Read our guide for developing your AML Compliance Training Plan.
How AI is Reshaping Compliance
At the recent AltusRegional panel discussion, speakers explored the rise of AI-driven deception, where criminals exploit the same digital tools designed to promote integrity. From deepfakes and synthetic identities to automated laundering through fintech rails, the threat has become faster, more scalable, and more difficult to detect.
Learning Outcomes AML COMPLIANCE EXCELLENCE
By the end of the workshop, participants will be able to:
- Explain the purpose and structure of National Risk Assessments (NRAs) and assess their relevance to institutional compliance strategy across financial and non-financial sectors.
- Interpret FATF Recommendation 1 and Immediate Outcome 1, and describe how these inform the implementation of a risk-based approach at the national and institutional levels.
- Apply risk-based principles to core compliance functions including Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
- Evaluate emerging risks associated with virtual assets and new technologies and describe how supervisory and institutional frameworks can respond proportionately.
All Upcoming Webinars and Workshops
AML Compliance Excellence
Register for our transformative workshop on Implementing a Risk-Based Approach and elevate your AML/CFT strategy with practical tools and regional insight. Whether you're a FI, DNFBP, TCSP, VASP, regulator, or compliance professional, this session delivers the clarity and confidence you need to meet evolving obligations.
✔ 4 .5 CPD Learning Hours ✔ Learn from Caribbean-focused experts ✔ Earn a Certificate of Completion ✔ Upgrade your professional profile
Register HereRequest Your Certificate