2 0 obj
endobj
<>/Metadata 346 0 R/ViewerPreferences 347 0 R>>
Our RBA service gives you a sound framework for monitoring the compliance and performance of your suppliers against the RBA Code of Conduct. This may include, but is not limited to:Some examples of potentially high-risk products, services and delivery channels are:For examples on how to assess risk for products, services and delivery channels, see the Assess whether your own office location, the countries to which you transfer funds, and the countries from which you receive funds could pose a high risk for ML/TF activities.In the assessment of your geography, you have to consider whether the geographic locations in which you operate or undertake activities potentially pose a high risk for money laundering and terrorist financing. 6 0 obj
We want to recognize those factories that demonstrate their commitment to corporate responsibility through verified closure of the issues identified in a VAP audit. 2020 Training Program Plan Document Services Our expertise in a wide variety of retirement solutions allows us carry out strategic services on all aspects of retirement plan documents for defined … All Rights Reserved.The RMAP also implements a risk-based audit program for smelters and refiners. <>
All Rights Reserved. You have to write policies and procedures to explain how you are going to reduce and how you will control these risks in your day-to-day activities. You can also create your own assessment process.Begin your risk assessment by taking a business-wide perspective.
What follows is FINTRAC's suggested assessment process which will need to be adapted to your business situation. In addition to RBA members, thousands of companies that are Tier 1 suppliers to those members are required to implement the RBA Code of Conduct.
The risk assessment of such clients will most likely focus on the monitoring of transactions as opposed to having a client file. • For RBA Members in the Regular or Full Category, there is a requirement to submit a report on the Compliance activities twice a year • This is not a requirement for RBA Members in the Supporter or Affiliate Category, but you can optionally submit if you choose • … 5 0 obj
2. 99�H��3�:�y�f��&������]����䷉DH�e�������Dԡ������13&&s����-f��DEEI9�_�:SDo��b�766�;��A�z�̙BMfeeM�:ի����c��Dpppll�e����`� � It will also help you implement effective measures and monitor the money laundering and terrorist financing (ML/TF) risks you may encounter as part of your activities and business relationships. endobj
A money services business means an individual or entity engaged in the business of any of the following activities: As part of your risk assessment, you need to identify the areas of your business that are vulnerable to being used by criminals for conducting money laundering or terrorist financing (ML/TF) activities. In recent years, as evidenced by our member list, the RBA has seen its membership expand beyond traditional electronics companies – into automotive and toy industries, for example – due to the prevalence of electronics in so many products.
It includes a general presentation of the RBA … … Using this worksheet could be an easy way for your entity to present the inherent risks related to your business relationships, or you may develop your own worksheet. If you identify situations that represent a high risk for ML/TF activities, you need to control these risks by implementing mitigation measures, including conducting enhanced ongoing monitoring and keeping client information up to date. How to Submit a Membership Compliance Template Through RBA-Online. <>
This document is intended to assist governing boards of health care organizations (Boards) to responsibly carry out their compliance plan oversight obligations under applicable laws.
Clicking the I ACCEPT button will form a valid contract between You and RBA.Click the I DO NOT ACCEPT button if you do not accept these Terms and Conditions. It will also help you implement effective measures and monitor the money laundering and terrorist financing (ML/TF) risks you may encounter as part of your activities and business relationships. The RMI is one of the most utilized and respected resources for companies addressing issues related to the responsible sourcing of minerals in their supply chains.The RLI is a multi-industry, multi-stakeholder initiative focused on ensuring that the rights of workers vulnerable to forced labor in global supply chains are consistently respected and promoted.The RFI provides a unifying architecture for RBA factory-level tools and programs for companies looking to assess and develop their supply chain partners and factories at all levels of maturity.RBA membership is open to companies that manufacture or contract the manufacture of electronic goods or a product in which electronics are essential to the primary functionality of the product, or supply materials used in the electronics of those goods.Ready to join the RBA and become a leader in supply chain sustainability?In 2019 the RBA continued to make significant strides to better serve its membership with expanded programs, advocacy, capabilities, tools and trainings.
endstream
BkCC��u�,YB�Ae�8q��]?~ Platinum:for factories with a minimum VAP score of 200 and all Priority, Major and Minor findings closed 2. FINTRAC has designed this workbook to help you with your risk-based approach (RBA).
You may decide to risk assess each business relationship separately or to do so by groups that share similar characteristics.You can use a scale of low, medium and high to rate your business relationship.
Smelters and refiners undergoing the RMAP (auditees) must review and agree to several introductory documents.