We have just moved to V2 of Elements AML - and staff are no longer able to approve client risk assessments (they could in V1). This is reserved only for MLROs. This doesn't work - as the staff are the ones carrying out the work - and the ones best place to assess the risk. The only way to get round this is to give all staff MLRO permissions- which is clearly inappropriate. We have over 1600 clients in our firm - and there is no way the MLRO can complete the risk assessments for all clients.
Just to confirm, as of today, users with the AML role of Admin or Owner can now review (approve / reject) Risk Assessments
Do we have a timeline of when Admin roles will be able to approve risk assessments? I can not understand why this was changed in V2 and how Iris think one MLRO can approve every risk assessment in a firm with 20 plus staff!
Hi Rob
I think all roles - apart from Viewers - should have the ability to complete risk assessments.
Many thanks, Mathew
Thanks for flagging this Mathew, we will soon be allowing for Admin users to perform a review of a risk assessment. It would be interesting to know which user roles you feel should be able to perform the review - these are the roles we have:
MLRO
Admin
Owner
Editor
Contributor
Viewer