Regulatory Alerts2025-11-21
Added · Updated
Guidance on risk-based AML/CFT controls for politically exposed persons
The Circular Issued by the regulator mandates that all Authorized Institutions implement risk-based Anti-Money Laundering and Counter-Financing of Terrorism controls specifically tailored for politically exposed persons. This guidance establishes the regulatory framework for identifying, assessing, and mitigating the elevated risks associated with dealing with politically exposed persons. Institutions are required to integrate these specific measures into their broader compliance systems to ensure effective financial crime prevention.
CIR
Current
Issue Date:
21 Nov 2025
20251120-6-EN.pdf (838.7 KB)
Topic:
AML & CFT - AML/CFT Controls
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
21 Nov 2025
Guidance on risk-based AML/CFT controls for politically exposed persons
CIR
Current
21 Nov 2025
Guidance on risk-based AML/CFT controls for politically exposed persons
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
22 Jun 2026
Supporting Adoption of Artificial Intelligence in Fighting Financial Crime Enclosure: Supporting A.I. Adoption in Fighting Financial Crime
SPM-SGL
Current
25 May 2023
AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions)
CIR
Current
22 Jun 2026
Supporting Adoption of Artificial Intelligence in Fighting Financial Crime