Regulatory Alerts2025-04-10
Added · Updated
Strengthening the response to fraud and money laundering
The document titled 'Strengthening the response to fraud and money laundering' addresses critical AML and CFT control measures. It is directly related to previous circulars issued on 20 Dec 2024 concerning measures to protect bank customers from authorized payment scams. The regulatory framework also references guidance on risk-based AML/CFT controls for politically exposed persons and the adoption of artificial intelligence in fighting financial crime.