BCBS finalises risk management guidelines on AML and terrorist financing - .PDF file.
The Basel Committee on Banking Supervision (BCBS) has issued new risk management guidelines relating to anti-money laundering (AML) and terrorist financing, describing how banks should include the management of risks related to money laundering and the financing of terrorism within their overall risk management framework.
The guidelines apply to all banks, although some requirements may need adaptation for use by small or specialised institutions…
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