Hi and thanks for the video. I'm very confused and I have some questions that need answers please. 1- is it true that the elements or the stages of risk-based approach is included in ISO 31000? 2- what is the difference between risk management and Risk Based Approach? 3- is there any other approaches rather than risk-based approach? accordingly, if there are no other approaches, why did they call it risk based approach? 4- Where can I use risk-based approach? is it only for AML CFT? 5- Is there any standard that talk about the Risk based approach? any book or organization that explain in more details about the risk-based approach.
Wow that's a lot of questions indeed and unfortunately I'm not going to be able to do them justice here in the comments section. I recommend that you join my next compliance workshop where I go into a lot more detail and will be able to answer all your questions directly. learning.kccompliance.co.za/Home/workshops/
@@CompliancewithKudzai I really appreciate your offer, but I am not working, accordingly I don't have money. I am trying to understand more to get a suitable job. Thanks any way ..
