Record the business risk assessment

Steps

1. 1

   Select New Assessment

   On the Dashboard tab of AML/CFT, scroll to Risk Assessments and select New Assessment. The form explains the scale: each area is scored from 0, the lowest risk, to 100, the highest. The overall score is a weighted average: 40 or more is Medium, 60 or more is High and 80 or more is Very High.

   • Select New Assessment
2. 2

   Check the assessment date

   Assessment Period is the date the assessment applies from. It starts as today; change it if the assessment was agreed on another day. Here it stays at 13 October 2026.

   • Type Assessment Period: 2026-10-13
3. 3

   Score geography and product

   Every box starts at 50. Geography is about where your customers and suppliers are: type 35, because almost all trade is inside the United Arab Emirates. Product is about what you sell: type 45, because homeware and furniture are ordinary goods but some items are high in value.

   • Type Geography (0-100): 35
   • Type Product (0-100): 45
4. 4

   Score customer and channel

   Customer is about who buys from you: type 55, because some customers are walk-in buyers you know little about. Channel is about how you sell: type 40, for shops and an online store with card payments.

   • Type Customer (0-100): 55
   • Type Channel (0-100): 40
5. 5

   See what a wrong score does

   Transaction Volume is about the size and number of payments, especially cash. Type 160 by mistake. A red message at the bottom says each score must be a number from 0 to 100, and Create Assessment turns grey.

   • Type Transaction Volume (0-100): 160
6. 6

   Correct the score

   Change Transaction Volume to 60, because large cash sales do happen. The message goes away.

   • Type Transaction Volume (0-100): 60

   

7. 7

   List the risk factors

   In Risk Factors write the reasons behind the scores, one on each line.

   • Type One factor per line, e.g. High-risk jurisdiction Cash-intensive busine: Cash sales above 55,000 dirhams at the counter Walk-in customers witho…
8. 8

   List the mitigating controls

   In Mitigating Controls write what the company does about those risks, again one on each line.

   • Type One control per line, e.g. Enhanced monitoring Senior approval require: Identity card recorded for cash sales above 55,000 dirhams Every custo…
9. 9

   Add a note

   Notes is for anything else, such as who approved the assessment and when it will be reviewed.

   • Type Assessment notes...: Approved by the management committee on 12 October 2026. Next review O…
10. 10

    Select Create Assessment

    Select Create Assessment. A message says Risk assessment created, and the assessment appears in the table with its overall score and the five scores you entered.

    • Select Create Assessment
11. 11

    Read the result at the top

    Scroll to the top. The Risk Level counter now shows the level with the overall score under it, and Risk Overview shows the same. The transaction volume score is entered in the form but is not a column of the table.