Αποτελέσματα Αναζήτησης
29 Ιουλ 2021 · AML and CFT in banking supervision General principles. Banks' AML/CFT measures and related supervision should follow a risk-based approach. This entails a differentiation of risk classes and their separate management.
18 Ιουλ 2024 · Combating the Financing of Terrorism (CFT) is focused on restricting the movement of funds to terrorist organizations. It may focus on a variety of entities, such as banks, charities, and...
3 Οκτ 2024 · For purposes of consistency with the AML Act, the FDIC now uses the term “AML/CFT rather than “BSA/AML”. Key laws and regulations that pertain to FDIC-supervised institutions; note that other laws and regulations also may apply.
30 Ιουλ 2018 · The Bank of Greece, in the context of its supervisory tasks, checks supervised institutions’ compliance with their AML/CFT obligations and assesses the adequacy and effectiveness of their AML/CFT procedures.
What is AML/CFT and why is it so important? Money laundering and terrorist financing (ML/TF) harm society in a number of ways. Money launder-ing facilitates and perpetuates crime and supports criminals. Terrorist financing facilitates the com-mitment of atrocities at home and abroad.
AML/CFT tools can: Expose the infrastructure of criminal organizations, webs of corruption, and conspiracies to commit terror acts; Provide authorities with roadmaps to those who facilitate criminal and illicit activities; Lead to the recovery and forfeiture of unlawfully-acquired assets
FinCEN periodically publishes threat pattern and trend information derived from Bank Secrecy Act (BSA) filings. These reports highlight the value of information filed by financial institutions in accordance with the BSA.
