Regulatory Alerts2024-04-17
Added · Updated
Thematic Review of Transaction Monitoring Systems and Use of Artificial Intelligence
The regulator issued this circular to outline findings from a thematic review of transaction monitoring systems and the application of artificial intelligence in anti-money laundering controls. It provides specific insights for the design, implementation, and optimization of these systems to enhance financial crime detection capabilities. The document serves as a directive for all authorized institutions to align their AML/CFT frameworks with these updated operational standards.
CIR
Current
Issue Date:
17 Apr 2024
20240417-1-EN.pdf (144.3 KB)
Topic:
AML & CFT - AML/CFT Controls
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
17 Apr 2024
Annex - Insights for design implementation and optimisation of Transaction Monitoring Systems
Annex
Current
17 Apr 2024
Annex - Insights for design implementation and optimisation of Transaction Monitoring Systems
Cross referenced Document
Version History
Superseded Document
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