The implementation of the risk-based approach in the fight against money laundering and terrorist money requires the identification of the real challenges in the evolution of relationships between compliance and risk management (article Revue Banque no. 749, November 2020) and facilitates convergence and strengthened collaboration between the two activities, or even lays the foundations for a merger (article Revue Banque n° 850, December 2020) *.

Risk management in banking responds, in particular, to a concern to preserve the balance at the individual level, of each institution, as well as the balance of the financial system, in a broader context. This is the main purpose of the Basel Agreements, which set out criteria to be met. These agreements have been supplemented by Financial Action Task Force (FATF) standards in a more specific context of combating money laundering and the financing of terrorism and the proliferation of weapons of mass destruction (LCB-FT