Our extensive knowledge at your fingertips

Latest editions

Search

BIS publishes global standards on prudential treatment of cryptoasset exposures

The report introduces the final standard structure for banks regarding exposure to digital assets, including tokenized traditional assets, stablecoins and unbacked cryptocurrencies, as well as feedback from stakeholders collected in a consultation launched in…

Wolfsberg principles for using Artificial intelligence and Machine learning in Financial crime compliance

The Principles are intended to guide FIs and their financial crime compliance leaders and risk management teams in identifying and managing the operational and reputational risks that may arise from the use of artificial intelligence and machine learning…

FATF updates consolidated assessment ratings

The table provides an up-to-date overview of the ratings that assessed countries obtained for effectiveness and technical compliance which should be read in conjunction with the detailed mutual evaluation reports. FATF and FSRBs conduct peer reviews…

Egmont Group publishes Annual report 2020/2021

This report covers EG activities between July 2020 and July 2021, including: work completed, Results from the 2021 Egmont Biennial Census, Working Group developments, Activities of the Egmont Centre of FIU Excellence & Leadership (ECOFEL), Regional Group developments, strategic initiatives in action…

GFI report on trade-based money laundering & illicit supply chains

This research notes that the China’s Belt and Road Initiative (BRI) transport projects have significantly increased trade within the corridor economies as well as the rest of the world. This has heightened the proliferation of counterfeit and illicit goods disguised as illicit goods…

Wolfsberg publishes Financial Crime Principles for Correspondent Banking

The Principles detail risk-based due diligence measures that, when undertaken, allow the Correspondent Bank to assess the profile, customer base and Financial Crime Programme of its Respondent customers. These will assist Correspondent Banks in developing a programme…

FATF announces the outcomes of latest Plenary

FATF members agreed to release, for public consultation, draft guidance on Rec. 24 to help countries and the private sector implement FATF’s strengthened requirements on beneficial ownership to prevent criminals from hiding illicit activity behind opaque…

Basel launches AML Index for 2022

Basel launches AML Index for 2022 which ranks countries with sufficient data to calculate a reliable risk score. It is a snapshot of global ML/TF risks and progress by countries and regions over time. The interactive map displays scores for 128 countries…

FATF webinar on beneficial ownership transparency

This webinar focused on FATF’s recent revision to Recommendation 24 on beneficial ownership of legal persons, which aims to help stop criminals from hiding their illicit activities and dirty money behind secret company structures…

Wolfsberg transaction monitoring RFI Best Practice Guidance

An RFI is used when a Correspondent is seeking to understand the background of a transaction that has been processed through an account or relationship in its books and is directed at the customer entity that sent the payment instruction to the Correspondent…

FATF Guidance on National ML/TF Risk Assessment

This report builds on the 2013 FATF guidance on national money laundering and terrorist financing risk assessments, and draws on inputs from over 35 jurisdictions from across the FATF Global Network on their extensive experience and lessons learnt in assessing terrorist…

FATF Terrorist Financing Risk Assessment Guidance

The risk-based approach, is central to the effective implementation of the FATF Standards and also applies to financial institutions and designated non-financial businesses and professions. Many countries have chosen to publish information about the ML/TF risks to…