Caruso provides fund managers with the capability to allocate a risk profile rating for each investing entity, helping to meet obligations under Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation.
Assigning a Risk Profile Rating
In the navigation pane, select Investing Entities
Click on the specific investing entity you wish to update
Within the entity’s details, use the Risk Profile dropdown to assign the relevant risk profile rating based on your assessment
Viewing the Risk Profile Rating
The assigned rating will be visible on the right-hand side of the Investing Entities list page
It will also appear in the All Investing Entities reports
Understanding Risk Ratings
While exact definitions may vary depending on your organisation’s policies, risk ratings generally follow these categories:
Low Risk: Entities with straightforward ownership structures and low exposure to money laundering or terrorism financing risks
Medium Risk: Entities with more complex structures or operations that require additional oversight
High Risk: Entities with complex or opaque structures, higher transaction volumes, or links to higher-risk jurisdictions that require enhanced due diligence
Important to Note: For guidelines on determining an investing entity’s risk rating, please consult your appointed compliance officer.
If you have any questions or need help at any stage, please contact our Caruso Support team either by email or live chat.