Text for CQS CPMS Policy
CQS Policy: "Data-Ready" Audit Requirements
Purchase this policy: Anti-Money Laundering Policy
- Change date
- Word count
- 125
- Deployment measure
- 9/10
Rationale
The SRA (in line with the FCA) is moving to "data-driven regulation," This is a shift from qualitative "tick-box" compliance requiring firms to treat AML metrics as structured, exportable assets rather than static paper files. This new policy wording moves the burden of proof onto the firm to demonstrate real-time oversight and immediate responsiveness to regulatory data calls
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