Internal Policies, Procedures and Controls (IPPC) Template
For busy professionals like yourself, or you are not sure how to develop an IPPC document, you can now purchase a customizable IPPC document which includes:
| IPPC document template |
| Risk assessment template |
| CDD forms, and |
| 1 hour training to guide you how to develop IPPC. |
These templates are delivered in Microsoft Word/ Excel format, and are almost 90% complete for your firm to use. With these templates and training, you can adjust and customize to your firm's requirements, and be ready for Bank Negara Malaysia ("BNM") AML/CFT review!
Contents of IPPC Template:
1. INTRODUCTION
2. POLICY STATEMENT
3. MANAGEMENT OVERSIGHT
4. RISK ASSESSMENT
5. CUSTOMER DUE DILIGENCE (“CDD”)
6. ENHANCED CUSTOMER DUE DILIGENCE
7. RECORD KEEPING
8. ON-GOING MONITORING
9. REPORTING A SUSPICIOUS TRANSACTION
10. AUDIT AND COMPLIANCE
11. HIRING OF NEW STAFF AND TRAINING
APPENDIX A AML/CFT ROLES & RESPONSIBILITIES
APPENDIX B RISK ASSESSMENT
APPENDIX C INDICATORS OF SUSPICIOUS TRANSACTIONS
Customer Due Diligence Forms:
Form 1 Customer Information
Form 2 Client's Particulars (Individual or Entity)
Form 3 Politically Exposed Person Information
Form 4 Risk Assessment