Panel Discussion on Risk-Based Approach 2.0: Evolving the Framework for Emerging Risks

• Updating risk typologies in response to emerging threats, such as cyber-enabled fraud, human trafficking, OSAEC
• Integrating transaction monitoring systems with customer risk ratings
• Supervisory expectations on risk-based approach implementation post-grey listing
• Enhancing documentation and defensibility of risk assessments
• Using AI and machine learning to dynamically adjust customer risk profiles and detect anomalies
• Embedding RBA principles across customer onboarding, monitoring, and reporting processes