Risk classification
The result of the risk assessment classified as low, medium and high — applying enhanced measures for high-risk customers and simplified measures for low-risk ones.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series IFSCA-01← All terms