What are the objectives of risk identification and assessment?

The primary objective of risk identification and assessment training is to familiarise staff with the risk-assessment process itself and emphasise the importance of adhering to documented policies and procedures; it is introductory in nature, not focused on advanced governance or specialist competence.

A. Concerns maintaining advanced skills—beyond introductory objectives.

C. Focuses on governing frameworks, not basic risk identification/assessment aims.

D. Includes options that exceed the stated introductory objectives, so “all” is incorrect.

1. FATF, “National Money Laundering and Terrorist Financing Risk Assessment” (2013), Sect. II, para 15.

2. ACAMS, “AML Risk Assessment Methodology” Webinar Deck (2022), Slide 5 “Training Objective.”