AML/CFT Services
You Can Count On
What’s Anti Money Laundering & Counter-Terrorist Financing?
AML/CFT laws are a set of regulations introduced with following objectives:
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Act against money laundering.
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Create a legal framework and practices to combat AML & CFT.
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Prevent terrorists from abusing financial systems.
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Take substantial action against the organizations involved in suspicious activities.
Critical AML Requirements
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STRs/SARs
Regulatory entities are required to file a Suspicious Activity Report or Suspicious Transaction Report with the FIU through the go AML portal.
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KYC/CDD
KYC (Know Your Customer) and CDD (Customer Due Diligence) are part of the AML/ CFT program that all financial institutions, DNFBPs and VASPs must follow.
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MONITORING
Regulatory entities are required to file a Suspicious Activity Report or Suspicious Transaction Report with the FIU through the go AML portal.