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  2. Anti–money laundering - Wikipedia

    en.wikipedia.org/wiki/Anti–money_laundering

    The OECD in Paris hosts the Financial Action Task Force, a global AML standard-setter.. Anti-Money Laundering (AML) refers to a set of policies and practices to ensure that financial institutions and other regulated entities prevent, detect, and report financial crime and especially money laundering activities.

  3. Financial Action Task Force - Wikipedia

    en.wikipedia.org/wiki/Financial_Action_Task_Force

    There are multiple groups to organise the Recommendations; AML/CFT Policies and Coordination, Money Laundering and Confiscation, Terrorist Financing and Financial Proliferation, Preventive Measures, Transparency and Beneficial Ownership of Legal Persons and Arrangements, Powers and Responsibilities of Competent Authorities and other ...

  4. Anti-Money Laundering Improvement Act - Wikipedia

    en.wikipedia.org/wiki/Anti-Money_Laundering...

    The Anti-Money Laundering Improvement Act established national and international policies to prevent and combat money laundering and terrorist financing. [1]It protects the integrity of financial institutions by detecting money laundering activities, which involve converting illegally obtained funds into legitimate assets through complex transactions and disguising the proceeds as lawful funds.

  5. Anti-Money Laundering Authority - Wikipedia

    en.wikipedia.org/wiki/Anti-Money_Laundering...

    In February 2018, the demise of ABLV Bank triggered a debate on the structure of Anti-Money Laundering (AML) supervision in the European Union. A few weeks later, ECB Supervisory Board chair Danièle Nouy declared that it is “very embarrassing to depend on the United States to do the [AML] job.

  6. Money laundering - Wikipedia

    en.wikipedia.org/wiki/Money_laundering

    Australia: Introduced the Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF Act) to regulate financial transactions and enhance transparency. Singapore: Established the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act to confiscate proceeds from serious crimes.

  7. Anti–Money Laundering Council - Wikipedia

    en.wikipedia.org/wiki/Anti–Money_Laundering...

    The Anti–Money Laundering Council (AMLC) is the agency of the Government of the Philippines that is tasked to implement the provisions of Republic Act No. 9160, also known as the Anti–Money Laundering Act of 2001 (AMLA), as amended, and Republic Act No. 10168, also known as the “Terrorism Financing Prevention and Suppression Act of 2012” (TFPSA).

  8. Know your customer - Wikipedia

    en.wikipedia.org/wiki/Know_your_customer

    The procedures fit within the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF) regulations. KYC processes are also employed by companies of all sizes for the purpose of ensuring their proposed customers, agents, consultants, or distributors are anti-bribery compliant and are actually who they claim to be.

  9. Asia/Pacific Group on Money Laundering - Wikipedia

    en.wikipedia.org/wiki/Asia/Pacific_Group_on...

    The Asia/Pacific Group on Money Laundering (APG) is a FATF-style regional inter-governmental (international) body, the members of which are committed to effectively implementing the international standards against money laundering (Anti–money laundering or AML), combating the financing of terrorism (CFT) and financing the proliferation of weapons of mass destruction.

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