AMAF see Association Monégasque des Activités Financières
AMLB see Anti Money Laundering Bureau
AMLCA see Anti-Money-Laundering Control Authority
AML/CFT regimes
Australia
Canada
FATF Recommendations
AMLSCU see Anti-Money
Laundering and Suspicious
Cases Unit
annual reports, MLROs
anonymous accounts
Albania
Barbados
China
Denmark
EC Directive
Finland
France
Hong Kong
India
Kenya
Liechtenstein
Monaco
Morocco
Nigeria
Poland
Russia
Singapore
Third EC Directive
anti-corruption statement, Wolfsberg Standards
Anti-Money Laundering Authority, Barbados
Anti Money Laundering Bureau (AMLB), China
Anti-Money-Laundering Control Authority (AMLCA), Switzerland
anti-money laundering and countering the financing of terrorism see AML/CFT regimes
Anti Money Laundering Information Centre, Vietnam
anti money laundering principles for correspondent banking
enhanced due diligence
oversight
responsibility
risk based due diligence
Wolfsberg Standards
Anti-Money Laundering and Suspicious Cases Unit (AMLSCU), UAE
Anti-terrorism Crime and Security Act 2001, UK
Argentina
case studies
currency purchase
due diligence
FATF assessment
investigation requirements
legislation
MLROs, role of
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
scope of regulation
specific offences
staff training
terrorist financing
asset finance, JMLSG
asset freezing
FATF Recommendations
financial sanctions
mutual legal assistance
terrorist financing
asset seizure
associates, PEPs
Association Monégasque des Activités Financières (AMAF), Monaco
audit
AUSTRAC see Australian Transaction Reports and Analysis Centre
Australia
AML/CFT regimes
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
review of regimes
specific offences
staff training
suspicious transaction reporting
Australian Transaction Reports and Analysis Centre (AUSTRAC)
authorities
powers/responsibilities
see also individual countries
automated monitoring systems
avoidance activities
BaFin see Bundesanstalt für Finanzdienstleistungsaufsicht
Bahamas
defences
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
specific offences
staff training
suspicious transaction reporting
Bahamas Financial Services Board (BFSB)
Banco Central de la República Argentina
Banco de México
Bank of Albania
Bank Holding Company Act 1956, USA
Bank Negara Malaysia
banks/banking
see also correspondent banking; individual banks; shell banking
Bank Secrecy Act 1970, USA
Barbados
case studies
due diligence
FATF assessment
internal policies
internal reporting
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
Basel Committee on Banking Supervision (BCBS)
bearer bonds
beneficial ownership
Australia
Barbados
Canada
FATF Recommendations
Finland
Fourth EC Directive
France
Germany
Hong Kong
identifying customers
India
legal confidentiality
Liechtenstein
Malaysia
Monaco
Morocco
Nigeria
PEP associates
Russia
Singapore
South Korea
Switzerland
UAE
UK KYC requirements
Vietnam
Wolfsberg Standards
beneficiary due diligence
BFSB see Bahamas Financial Services Board
bonds, bearer
Brazil
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
scope of regulation
specific offences
suspicious transaction reporting
bribery
British Virgin Islands (BVIs)
case studies
defences
due diligence
FATF assessment
legislation
MLROs, role of
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
specific offences
staff training
suspicious transaction reporting
Bundesanstalt für
Finanzdienstleistungsaufsicht (BaFin),
Germany
business profile, Singapore
buying online
BVIs see British Virgin Islands
CAD see Commercial Affairs Department
CAMLMAC see China Anti Money
Laundering Monitoring and Analysis
Centre
Canada
account-opening records
AML/CFT rules, changes
case studies
cash transactions, large
compliance regime
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
case studies see individual countries
cash-based business
cash couriers
Cash Enforcement Branch (CEB), Singapore
cash transactions
casinos
Cayman Islands
case studies
defences
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
Cayman Islands Monetary Authority
CDD see customer due diligence
CEB see Cash Enforcement Branch
Central Bank, UAE
Central Bank of the Bahamas
Central Bank of Barbados
Central Bank of Kenya
Central Bank of Nigeria
Central Bank of Russia
central banks
Chapter VII of UN Charter
charities
China
AML regime
auditing requirements
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
scope of regulation
specific offences
staff training
suspicious transaction reporting
China Anti Money Laundering Monitoring and Analysis Centre (CAMLMAC)
CIP see Customer Identification Programme
civil rights
clients
in a hurry
visits
Wolfsberg Standards
see also customer…; personal clients
Comisión Nacional Bancaria y de Valores (CNBV)
Commercial Affairs Department (CAD), Singapore
competition objective, FCA
compliance
Bank Secrecy Act 1970, US
Canada
failure to comply
financial sanctions
risk management training
Compliance Commission, Bahamas
Compliance Officers
concentration accounts
concerning transaction reports, Mexico
confidentiality
confiscation
consent for financial transactions
external referrals
internal reporting
moratorium period
nominated officer investigation
notice period
notification of consent
reporting
submitting request for
timeframes
United Kingdom
when no obligation to report
Consumer Financial Education Body, UK
consumers
see also clients; customer…
Cooperating Units, Poland
cooperation
coordination policies
corporate customers
Albania
Argentina
Australia
Bahamas
Barbados
Brazil
BVIs
Canada
Cayman Islands
Denmark
Finland
France
Germany
Guernsey
Hong Kong
identification
India
Isle of Man
Japan
Jersey
Kenya
legal confidentiality
Liechtenstein
Malaysia
Mexico
Monaco
Morocco
Nigeria
Poland
retail customers
Russia
Singapore
South Africa
South Korea
Switzerland
UAE
Ukraine
USA
Vietnam
corporate finance, JMLSG
correspondent banking
Albania
Australia
Bahamas
Canada
Cayman Islands
CDD
China
client visits
Denmark
enhanced CDD
FATF Recommendations
Finland
Guernsey
Hong Kong
international
Isle of Man
Jersey
JMLSG
Kenya
Liechtenstein
Malaysia
Monaco
Morocco
Poland
respondent attributes
risk
South Korea
Switzerland
UAE
Ukraine
USA
corruption
Council for Financial Activities Control, Brazil
country profiles
see also individual countries
country risk
credit cards
Criminal Justice Division of the Attorney General's Department, Australia
criminal penalties, Monaco
CTR see currency transaction reports
currency activity reports, USA
currency crimes, Patriot Act
currency purchase, Argentina
currency transaction reports (CTRs)
customer due diligence (CDD)
Albania
Argentina
Australia
Bahamas
Barbados
Brazil
BVIs
Canada
Cayman Islands
correspondent banking
Denmark
DNFBPs
documentary evidence
EC Directive
FATF Recommendations
Finland
France
Germany
Guernsey
Hong Kong
India
Isle of Man
Japan
Jersey
Kenya
KYC requirements
Malaysia
Mexico
MLRO annual report
Monaco
Morocco
Nigeria
Poland
quality/quantity in UK
reliance on third parties
Russia
Singapore
South Africa
South Korea
Switzerland
Third EC Directive
UAE
UK KYC requirements
Ukraine
USA
Vietnam
see also enhanced CDD; simplified CDD; third party CDD
customer identification
Australia
corporate customers
non-face-to-face customers
record-keeping
unusual transactions
well-documented customers
see also identification; retail customer identification
Customer Identification Programme (CIP), USA
customer relationship management
customers
classification in Vietnam
customer risk
exclusion of
ongoing monitoring
suspicious activities
under investigation
see also corporate customers; customer…; Know Your Customer; non-face-to-face customers; personal clients; politically exposed persons; retail customer identification
cycle of money laundering
defences see individual countries
definition of money laundering
Denmark
case studies
due diligence
FATF assessment
high-risk countries
high-risk entities
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
scope of regulation
specific offences
staff training
suspicious transaction reporting
terrorist financing
designated non-financial businesses and professions (DNFBPs)
deterrence
“all crimes” approach
financial sanctions
regulations, UK
risk management
deterrence software
current types
definition
effectiveness
inference approach
perceived benefits of
scenario approach
selection
smaller firms
transaction monitoring
types of action monitored
DFSA see Dubai Financial Services Authority
diplomatic passports
Directives, EC
DNFBPs see designated non-financial businesses and professions
documentation
KYC and passports
MLRO annual report
non-face-to-face customers
retail customer identification
UK KYC
dormant accounts
downstream correspondent clearing
Drug Enforcement Agency, USA
drug trafficking
Dubai Financial Services Authority (DFSA)
due diligence
Albania
Argentina
Australia
Bahamas
Barbados
Brazil
buying online
BVIs
Canada
Cayman Islands
China
Denmark
Finland
France
Germany
Guernsey
Hong Kong
impersonation fraud
India
Isle of Man
Japan
Jersey
Kenya
KYC
Liechtenstein
Malaysia
Mexico
Monaco
Morocco
Nigeria
Poland
Russia
Singapore
South Africa
South Korea
Switzerland
trade finance
UAE
Ukraine
USA
Vietnam
Wolfsberg Standards
see also customer due diligence
EC see European Commission…
Economic and Financial Crimes Commission (EFCC), Nigeria
585
electronic banking
electronic identification software
electronic money
electronic verification
employees see staff…
enhanced CDD
Albania
Argentina
Australia
Bahamas
Barbados
BVIs
Canada
correspondent banking
customer identification
EC Directive
Finland
France
Guernsey
Hong Kong
India
Jersey
Kenya
Liechtenstein
Malaysia
Mexico
Monaco
Morocco
Poland
Russia
South Africa
South Korea
Switzerland
Third EC Directive
USA
Vietnam
see also customer due diligence
enhanced ongoing monitoring
Enron
European Commission (EC) Directives
First/Second Directives
Third Directive
Fourth Directive
exchange-based trading
exclusion of customer
execution-only stockbrokers (ExOs)
export credits
extradition
face-to-face verification
failure to comply
family members of customers
FATF see Financial Action Task Force
FATF assessments
Albania
Argentina
Australia
Bahamas
Barbados
Brazil
BVIs
Canada
Cayman Islands
China
Denmark
Finland
France
Germany
Guernsey
Hong Kong
India
Isle of Man
Japan
Jersey
Kenya
Liechtenstein
Malaysia
Mexico
Monaco
Morocco
Nigeria
Poland
Russia
Singapore
South Africa
South Korea
Switzerland
UAE
Ukraine
USA
Vietnam
FATF Recommendations
beneficial ownership
cash couriers
CDD
confiscation
controls
cooperation
coordination policies
correspondent banking
country profiles
criminalising money laundering
DNFBPs
extradition
financial groups
financial institutions
general requirements
internal controls
international cooperation
law enforcement
legal arrangements
legal persons
MVTS
operational aspects
PEPs
powers of authorities
preventive measures
proliferation financing
provisional measures
reliance on third parties
risk assessment
sanctions
suspicious transactions
technologies, new
terrorist financing
transparency
wire transfers
FCA see Financial Conduct Authority
Federal Department of the Interior, Germany
Federal Financial Institutions Examinations Council, USA
Federal Financial Market Supervisory Authority (FINMA), Switzerland
Federal Financial Monitoring Service, Russia
Federal Financial Supervisory Authority, Germany
FIB see Financial Investigation Branch
Financial Action Task Force (FATF)
BCBS paper
high-risk countries
non-face-to-face customer guidance
risk management
trade finance
training staff
see also FATF assessments; FATF Recommendations
Financial Conduct Authority (FCA), UK
Financial Crime, A Guide for Firms 2013 (FCA)
Financial Crimes Enforcement Network (FinCEN), USA
Financial Crime Unit, Isle of Man
financial groups
Financial Industry Regulatory Authority (FINRA), USA
financial institutions
see also individual institutions
Financial Intelligence Centre, South Africa
Financial Intelligence Units (FIUs)
Argentina
Bahamas
China
EC Directive
FATF Recommendations
Germany
India
Liechtenstein
Morocco
Nigeria
South Korea
Third EC Directive
Financial Investigation Agency, BVIs
Financial Investigation Branch (FIB), Singapore
Financial Market Authority, Liechtenstein
financial sanctions
compliance with
definition
deterrence
failure to comply
monitoring difficulties
sanctions lists
UK asset freezing
see also sanctions
Financial Services Act 2012, UK
Financial Services Authority (FSA), Habib Bank AG
Financial Services Commission (FSC)
BVIs
South Korea
Financial Supervision Commission, Isle of Man
Financial Supervisory Authority, Finland
Financial Transactions and Reports Analysis Centre (FINTRAC), Canada
Finanstilsynet, Denmark
FinCEN see Financial Crimes Enforcement Network
Finland
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting thresholds
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
FINMA see Federal Financial Market Supervisory Authority
FINRA see Financial Industry Regulatory Authority
FINTRAC see Financial Transactions and Reports Analysis Centre
fit and proper person rules
FIUs see Financial Intelligence Units
foreign branches of financial groups
foreign customers, South Africa
foreign transfers, Nigeria
forfeiture rules, Patriot Act
forgery
Fourth EC Money Laundering Directive
France
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
specific offences
staff training
“Franceafrique” cases
fraud
freezing assets see asset freezing
FSA see Financial Services Authority
FSC see Financial Services Commission
fund sources
fund transfers
Futures Commission, Securities and, Hong Kong
gambling sector
General Directorate for the Prevention of Money Laundering (GDPML), Albania
General Inspectorate of Financial Information (GIFI), Poland
general insurers, UK
Germany
case studies
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
GFSC see Guernsey Financial Services Commission
GIFI see General Inspectorate of Financial Information
global corruption
good practice, FCA guide
government-issued documents
groups, financial
Guernsey
case studies
due diligence
external suspicion reports
FATF assessment
internal requirements
internal suspicion reports
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
Guernsey Financial Services Commission (GFSC)
Habib Bank AG, Zurich
high-risk countries
Hong Kong
case studies
defences
due diligence
FATF assessment
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
terrorist financing
Hong Kong Monetary Authority
Hong Kong Police Force
HSBC
identification
electronic software
identity fraud
internet payments
Patriot Act
unusual transactions
Wolfsberg Standards
see also customer identification
identity fraud see impersonation fraud
immediate family rules
impersonation fraud
Independent Commission Against Corruption, Hong Kong
India
case studies
due diligence
FATF assessment
internal requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
scope of regulation
specific offences
suspicious transaction reporting
industry risk
information country authorities
insufficient information
suspicious information
see also Know Your Customer
Inspector of Financial and Corporate Service Providers, Bahamas
insurance objective, PRA
insurers, UK
integrating funds
integrity objective, FCA
intermediaries
Internal Revenue Service Criminal Investigation, USA
international cooperation
extradition
FATF Recommendations
international instruments
mutual legal assistance
international correspondent banking
international measures, Patriot Act
internet payment methods
investigating suspicions
conducting investigations
consent for transactions
failure to comply
how far to go
internal reporting
process
staff members
see also suspicion; suspicious…
investigation requirements
Albania
Argentina
Jersey
Kenya
Liechtenstein
Malaysia
Mexico
Monaco
Poland
Singapore
South Korea
Switzerland
UAE
Isle of Man
case studies
defences
due diligence
FATF assessment
internal suspicion reports
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
JAFIC see Japan Financial Intelligence Center
Japan
case studies
certain transactions
due diligence
FATF assessment
legislation
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
Japan Financial Intelligence Center (JAFIC)
Jersey
case studies
due diligence
FATF assessment
investigation requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
Jersey Financial Services Commission
JFCU see Joint Financial Crimes Unit
JMLSG see Joint Money Laundering Steering Group
Joint Financial Crimes Unit (JFCU), Jersey
Joint Money Laundering Steering Group (JMLSG), UK
asset finance
corporate finance
correspondent banking
credit cards
electronic money
events causing suspicion
ExOs
general insurers
guidance
membership
risk-based approach
trade finance
UK deterrence
wealth management
wholesale marketing
Kenya
case studies
defences
due diligence
FATF assessment
internal controls
investigation requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
reporting requirements
risk assessment
risk-based approach
specific offences
staff training
Kenyan Ministry of Finance
knowledge, definition
Know Your Customer (KYC)
Abbey National plc
client in a hurry
conflicting information
definition
deterrence software
EC Directive
financial information
fraudulent information
general issues
key data provision
passports
reasons for use
reliance on third parties
reluctance to provide information
risk management
Third EC Directive
UK requirements
what KYC involves
what to look for
Korea Financial Intelligence Unit (KoFIU)
see also South Korea
KYC see Know Your Customer
law enforcement
legal arrangements, FATF Recommendations
legal assistance, mutual
legal confidentiality
legal obligations, staff training
legal persons
legislation
Albania
Argentina
Australia
Bahamas
Barbados
Brazil
BVIs
Canada
Cayman Islands
China
Denmark
Finland
France
Germany
Guernsey
Hong Kong
India
Isle of Man
Japan
Jersey
Kenya
Liechtenstein
Malaysia
Mexico
Monaco
Morocco
Nigeria
Poland
Russia
Singapore
South Africa
South Korea
Switzerland
UAE
Ukraine
USA
Vietnam
see also legal…
licence payments
Liechtenstein
case studies
due diligence
FATF assessment
investigation requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
risk-based approach
scope of regulation
specific offences
staff training
suspicious transaction reporting
local service providers
low-risk entities, UAE
L'Unité de Traitement du Renseignement Financier (UTRF), Morocco
Malaysia
case studies
due diligence
FATF assessment
investigation requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
reporting thresholds
risk-based approach
specific offences
staff training
manual monitoring systems
Members of Parliament (MPs), UK
Metropolitan Police fraud guidance
Mexico
case studies
due diligence
FATF assessment
investigation requirements
legislation
MLROs, role of
ongoing monitoring
overview
penalties
primary authorities
record-keeping
reporting requirements
risk-based approach
specific offences
staff training
Minister Responsible for Financial Institutions, Poland