On 17 June 2008, the Financial Action Task Force (FATF) has published the “Risk-Based Approach Guidance for Accountants”, to which FEE has contributed.
The Guidance supports the development of a common understanding of what the risk-based approach involves, outlines the high-level principles involved in applying the risk-based approach, and indicates good public and private sector practice in the design and implementation of an effective risk-based approach.
Risk-Based Approach Guidance for Accountants
