The Securities Commission has released a risk assessment guide to help those it is responsible for supervising (although this will be the responsibility of the Financial Markets Authority from 1 May) prepare to meet upcoming requirements of the Anti-Money Laundering and Countering the Financing of Terrorism Act 2009.

Under the legislation, due to come fully into force in 2013, the Financial Markets Authority will supervise issuers of securities, sharebrokers, financial advisers, trustee corporations, collective investment schemes and futures dealers. The Sector Risk Assessment focuses on the risk of money laundering that these types of entity may face.

The Sector Risk Assessment is available here.