Anti-Money Laundering
What is Anti-Money Laundering?
Regulations, policies, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income through the financial system.
Terms that appear alongside anti-money laundering
Each of these is named in at least one of the same controls as anti-money laundering. The number is how many controls name both.
- gdpr 12 shared controls
- compliance 12 shared controls
- consent 9 shared controls
- data protection 9 shared controls
- due diligence 6 shared controls
- audit 6 shared controls
- data subject 6 shared controls
- cybersecurity 6 shared controls
Frameworks that govern anti-money laundering
What the standards actually require on anti-money laundering
Requirements naming anti-money laundering across 6 standards, quoted from the control text.
Sets the HKMA's supervisory approach to AIs' AML/CFT systems: the legal and regulatory framework (the Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Banking Ordinance, other legislation, statutory and regulatory guidance), the HKMA's A...
hkma-spm::AML-1 · AML-1 Supervisory Approach on Anti-Money Laundering and Counter-Financing of Terrorism →AML procedures and policies as the regulator requires ensure employees are trained in AML with training kept current, player accounts are watched for being opened and closed within short periods and for money deposited and withdrawn with no related wagering, a...
gli-33-gaming-laboratories-international-event-wagering-systems::A.8.2 · A.8.2 Anti-Money Laundering (AML) Monitoring →Articles 27-29 of the Kazakhstan PDPL establish the Authorized Body framework and notification obligations. (1) Authorized Body Structure: (a) Ministry of Digital Development Innovation and Aerospace Industry (MDDIAI) primary regulator;
KZ-PDPL-Authorized-Body-Notification-Article27-29-Ministry-Digital-Development-State-Service-Information-Security · Kazakhstan PDPL Authorized Body Notification + Articles 27-29 + Ministry of Digital Development + State Service for Information Security + Breach Notification 72-Hour + Operational Notification + AIFC Coordination + KNB Committee Coordination →Without prejudice to D.Lgs. 51/2018, processing of personal data relating to criminal convictions, offences or related security measures on a GDPR art. 6(1) basis that is not carried out under the control of official authority is allowed, under GDPR art.
italy-personal-data-protection-code-legislative-decree-no-196-2003-amended-2018::Art. 2-octies · Art. 2-octies Process criminal convictions data outside official control only where a law or regulation authorises it →Article 5(3) requires PSD2 authorisation applications to include a description of the PI's internal-control mechanisms for AML/CFT in accordance with the 4th + now 5th + 6th Anti-Money-Laundering Directives and Regulation (EU) 2015/847 on information accompany...
PSD2-Art.5_19_22 · Money-laundering / CFT and AML controls in payment institution authorisation + agents →Requirement 2.5 (Beneficial ownership): the implementing country must require + ensure that companies applying for + holding + having held an extractive licence + interest disclose information about their BENEFICIAL OWNERS.
EITI-Req.2.5 · Beneficial ownership (EITI Requirement 2.5) →Questions people ask about anti-money laundering
What is Anti-Money Laundering?
Why is Anti-Money Laundering important for compliance?
Which compliance frameworks address Anti-Money Laundering?
Where can I learn more about Anti-Money Laundering?
See how Anti-Money Laundering applies across compliance frameworks
Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.