Applies to: AML Accelerate
On the Customer Risk page of the risk assessment, within the "Business Risk Assessment" section is a question followed by a list of higher risk industries:
Do your customers undertake any of the following higher ML/TF risk business activities?
Is the question relating to business accounts for these industries, or could it be a personal account for Joe Blogs, who they know has investment or ownership of a business in a higher risk industry?
Both business accounts and personal accounts should be included when data is available for both.
In some cases, this may not be possible and therefore only the business account is included, as, generally speaking, data is more readily available on the industries of commercial banking customers.
Personal accounts should also be included when the data is available, otherwise select the answer "Unknown" for personal accounts.