In Practice Management practices are able to conduct the Risk Assessments onto their Clients on any frequency as per their desire. Every six months, year etc.
Permissions to Risk assessment
Any member will be able to do the Risk Assessment once they are given permissions and permissions are given from My Admin
Navigation: My Admin> Users
In the My Admin section navigate to Users
Permission for Accountant User
Navigation: Users>Accountant User
In the Accountant user type, click on the 'Action' button and proceed to edit the Accountant user. Within the user permissions section, you can now designate the Accountant as the AML Officer
Please refer the Below Screenshots
Permission for Staff Users
Navigation: Users> Staff Users type
Within the Staff User, under User Permissions, click on Modules. Select AML under
Practice Management.
Now once allocated in My Admin Navigate to Practice Management
Navigation: Settings> Risk Assessment
Under this section you can find different sets of criteria for different entities.
Limited
Sole Trader
Partnership
Individual
Trust
Please Refer to the screenshots below.
Running Risk Assessment
Navigation: Risk assessment > Select particular Client> Limited
In this section, Capium provides predefined risk criteria for entities.
Additionally, you have the option to add new criteria in the "New Criteria" section.
Running Risk Assessment Criteria
Navigate to Workspace, then click on Client, and select a specific client.
Go to Onboarding and select the Risk Assessment tab.
Please Refer to the screenshot below.
Navigation: Risk Assessment> Run Risk Assessment
Under this section click on the Risk Assessment it gives the risk criteria which has been already done in the settings section, here you need to select Yes/ No.
Also fill the criteria accordingly as per the risk level:
Enhanced
Low
Normal
Navigation: Risk Assessment Result
Under this section enter the following information:
Reference ID
Risk Level
Assessment date
Next Assessment date
AML Officer
Notes
Once you have filled the criteria finally you can proceed to the Risk Assessment
After completing this page, you'll encounter the screen below.
Head to the action dropdown, where you can either View or Download the document.
Please refer to the screenshots below for guidance.
Here it can be downloaded and saved for future reference.
Note: The document can be viewed and downloaded, and it's secure from deletion.
For example, if a staff member completes a risk assessment, the AML officer can either approve or deny it.