Regulation 24

before offering any new service or starting any new business practice referred to in rule 23(a), or using any new or developing technology referred to in rule 23(b), undertake an assessment of the risks of money laundering, the financing of terrorism and proliferation financing that may arise in relation to the offering of that service, the starting of that business practice or the use of that technology; and

take appropriate measures to manage and mitigate those risks.