BULLET POINTS
References
Use footnotes, Books, website
Structure
Introduction for each question stating (a) The issue (b) Discuss (c) Draw Conclusion
Select Jurisdiction of your choice- UK preferably. Compare where appropriate with other Jurisdiction
Identify sector/ Financial services and regulation within the sector
1a) Standard Essay – No particular format
Focus on
ML vulnerabilities
Due Diligence Checks
1b) Focus on who you are sending it to i.e is it Senior Management and board of directors.
Points –
AML training and awareness and make recommendations for change
Discussion on responsibilities of board and senior management in terms of AML
Risk to the firm if no action is taken.
Formalistic style of writing
Heading and sub division in terms of report style format
1c) Evaluate – Analyse with examples
Use FATF report and conclude with your own words.
Steps
Identify issues
Define core terms you are dealing with (core concepts)
Explanation and examples – illustration of principles and law applied including real life cases.
Application – most important, how do you apply the law – framework to the situation/case study.