A weak or outdated Business Risk Assessment (BRA) is a major compliance red flag.
Following the enactment of the AML/CFT/CPF (Miscellaneous Provisions) Act 2026, organisations should ensure that their BRA also considers Proliferation Financing risks.
Without a clear understanding of money laundering, terrorist financing and proliferation financing risks, organisations may implement ineffective controls, misallocate compliance resources, and face regulatory, financial and reputational exposure.
A BRA provides the foundation for a risk-based AML/CFT/CPF framework by identifying inherent risks across products, services, customers, delivery channels and geographic exposure, while assessing whether existing controls effectively mitigate those risks.
At Acrion, we assist organisations in carrying out Business Risk Assessments and developing tailored, regulator-ready frameworks aligned with FATF and Mauritian regulatory expectations, including the assessment of Proliferation Financing risks.
To learn more, please reach out to us at info@acrioncompliance.com
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