Purpose – This paper attempts to examine the practical condition of implementing risk‐based approach (RBA) in Chinese … financial sectors. Design/methodology/approach – This paper compares the differences between rule‐based approach and risk‐based … approach (RBA), and provides different options to financial institutions considering their own circumstances. Findings – This …

approaches used by regulators to prevent the mentioned phenomenon: the rule-based approach and the risk-based approach. The …

approaches used by regulators to prevent the mentioned phenomenon: the rule-based approach and the risk-based approach. The …

approach to anti‐money laundering (AML), as well as present ways to improve the risk‐based approach. Design …Purpose – The purpose of this paper, which is a part of a PhD thesis, is to detect problems associated with the risk‐based … achieve its intended impact. Originality/value – The paper highlights how the AML regime in general and the risk‐based …