Question $1$ Examine how FATF's framework addresses the dynamic and evolving nature of money laundering risks and its impact on national financial policies and practices. Provide examples to support your analysis. Question $2$ Analyse the role of a National Risk Assessment $($NRA$)$ anti$-$money laundering $($AML$)$ framework from your chosen jurisdiction. Discuss the primary objectives of an NRA, how it informs national policy and regulatory decisions, and critically evaluate its effectiveness in addressing specific money laundering and terrorism financing risks. Use relevant examples to support your analysis. Question $3$ Evaluate the implementation of a risk$-$based approach to anti$-$money laundering $($AML$)$ within a firm based in a jurisdiction and sector of your choice. Identify and critique the key risk management principles that underpin this approach and how they contribute to identifying, assessing, and mitigating money laundering risks. Consider the effectiveness of this framework in enhancing the firm's compliance and operational resilience, providing examples from relevant case studies to illustrate your points.