National Risk Assessment

The National Risk Assessment of the Kuwaiti Financial Intelligence Unit is a comprehensive process aimed at identifying and understanding the risks associated with money laundering and terrorist financing within the country. The assessment relies on analyzing the financial and non-financial sectors, monitoring potential vulnerabilities, and determining the level of threats and exposure to risks. This assessment aims to develop effective policies and procedures to mitigate risks and enhance compliance with international standards, such as the Financial Action Task Force (FATF) recommendations, thereby ensuring the protection of the Kuwaiti financial system and fostering international cooperation in combating financial crimes.