Regulatory Alerts2026-05-20
GFSC AML/CFT/CPF Guidance Notes: Ongoing Monitoring
The Gibraltar Financial Services Commission mandates that regulated entities implement robust systems to scrutinize transactions and periodically review customer records to ensure alignment with risk profiles and economic purposes. The guidance details requirements for identifying suspicious activity through manual or automated monitoring, including specific protocols for Trust, Pension, and Virtual Asset Service Providers. Additionally, the document outlines obligations for ongoing risk assessments, event-driven reviews, and the mitigation of emerging risks associated with Artificial Intelligence.
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