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1. Chapter 10
Control
Self-Assessment
The Presentation Slides for Teaching
Anti-Money Laundering and Counter-Terrorist Financing
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E-mail : quanrisk@gmail.com
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2. Declaration
 Copyright © 2021 CapitaLogic Limited.
 All rights reserved. No part of this presentation file may be
reproduced, in any form or by any means, without written
permission from CapitaLogic Limited.
 Authored by Dr. LAM Yat-fai (林日辉),
Chief Data Scientist, CapitaLogic Limited,
Adjunct Professor of Finance, City University of Hong Kong,
Doctor of Business Administration,
CFA, CAIA, CAMS, CFE, FRM, PRM, MCSE, MCNE.
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3. Control self-assessment
 A business unit assesses its operations and
activities against a list of control procedures
extracted from a procedural document
 Internally driven and often incorporates
checklists and/or workshops to identify the
potential risks facing the business unit
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4. Self-assessment of control procedures
Compliance level
Control procedure Full Partial Not N/A
The dept. should do this *
The dept. should do that *
The dept. should not do this *
The dept. should not do that *
The dept. should … *
The dept. should not … *
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5. Supplementary information
 Fully compliant
 Why compliant?
 Partially compliant
 Which part not
complaint?
 Which part complaint?
 Why compliant?
 Not compliant
 Not applicable
 Why?
 Supporting document
 Title
 Version date
 Author
 Reviewer
 Approval authority
 Attachment
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6. For partially or not compliant
control procedures
 Corrective action plan
 Action items
 Completion date
 Justification of not to compliant
 Cost out weights materially the benefit
 Alternative control procedure in placed already
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7. CSA summary by subsidiary banks
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8. CSA summary by control procedures
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9. CSA summary by subsidiary banks
and control procedures
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10. Compliance projection
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