The aim of the national ML/TF risk assessment process (NRA) is to assess and report on the risks of money laundering and terrorist financing in the Czech Republic. The process is coordinated by the Financial Analytical Office and perfomed in cooperation with stakeholders both from the private and public sector.
The Czech NRA follows an in-house methodology in accordance with the relevant FATF methodology, the Fifth AML Directive and the Czech AML Act. The process involves all interested state authorities covering AML supervisors, law enforcement authorities, tax administration, customs administration and relevant sectoral and horizontal regulators, relevant ministries etc. Furthermore, all private sector stakeholders, such as obliged entities and their associations, as well as non-profit organisations, are involved, subject to their legitimate interest in AML/CFT prevention.
Information on the first round of the national risk assessment (First NRA)
In 2015-2016, the first round of the national risk assessment process for money laundering and terrorist financing took place. The report, which summarises the most important outputs from the first round process, was submitted to the Government in December 2016 and was approved by Resolution No. 5 of the Government of the Czech Republic of 9 January 2017.
Public version of First NRA translated in English
Information on the second round of the national risk assessment (Second NRA)
The second round of the national risk assessment proces took place in the years from 2019 to mid 2021. The second NRA report was tabled to the Government in June 2021.
The Government approved the report on 12 July 2021 with its Resolution No. 616. Once the public version thereof will be translated in English, it will be published here.