Sector & Industry-specific AML/ CTF

Sector & Industry-specific AML/ CTF

Our in-depth guide covers 16 key areas, each with its unique compliance challenges and requirements.

1. Credit Institutions/ Banks Uncover the stringent AML/CTF obligations for credit institutions, including banks and their branches. Learn about enhanced due diligence, transaction monitoring, and risk management strategies essential for financial sector compliance.

2. Financial Services and Securities Trading Explore the evolving AML/CTF landscape in financial services and securities trading, especially with the emergence of crypto assets and digital tokens. Discover the importance of advanced surveillance systems in this rapidly changing sector.

3. Payment and E-Money Institutions Understand the AML/CTF protocols for payment and electronic money institutions. Dive into the specifics of electronic verification and monitoring in the face of increasing digital financial transactions.

4. Agents for Payment Services and E-Money Examine the role and responsibilities of agents in payment and e-money services. Grasp the need for vigilant compliance practices in facilitating secure and legal financial transactions.

5. Independent Traders For individuals dealing in electronic money products, we provide guidelines on compliance with AML/CTF regulations, focusing on the distribution and redemption processes.

6. Financial Companies Discover the AML/CTF requisites for financial companies not covered in the previous categories, emphasizing the importance of customer due diligence and ongoing monitoring.

7. Insurance Companies Delve into the specific AML/CTF considerations for insurance companies, particularly in life and accident insurance sectors, including the necessity of stringent policyholder verification.

8. Insurance Brokers Learn about the critical role of insurance brokers in AML/CTF compliance, focusing on due diligence in policy mediation and transactions.

9. Investment Fund Management Companies Navigate the AML/CTF landscape for investment fund management companies, understanding the intricacies of investor screening and financial safeguards.

10. Legal Professionals: Lawyers, Notaries, etc. A comprehensive section for legal professionals, highlighting their role in AML/CTF compliance during various transactional and advisory services.

11. Other Legal Service Providers Insights into the AML/CTF obligations for legal service providers offering similar services to lawyers and notaries, with a focus on transactional support and compliance.

12. Auditors and Tax Consultants Guidance for auditors and tax consultants on maintaining AML/CTF compliance, especially when performing sensitive financial audits and consultations.

13. Service Providers for Companies and Trust Assets Understand the AML/CTF requisites for service providers involved in the establishment and management of companies and trusts.

14. Real Estate Agents A dedicated section for real estate agents, detailing their role in preventing money laundering through property transactions and the importance of thorough client verification.

15. Organizers and Brokers of Gambling Explore the unique AML/CTF challenges and compliance protocols for gambling organizers and brokers, with a focus on transaction monitoring and reporting.

16. Merchants, Art Brokers, and Art Warehouse Keepers Gain insights into the AML/CTF considerations for high-value goods traders, art brokers, and art warehouse keepers, particularly in duty-free zones.

We are dedicated to providing comprehensive, up-to-date AML/CTF guidance tailored to diverse sectors and industries. Our resources empower professionals to stay compliant and effectively combat financial crimes in their specific fields.