Regulatory Alerts2024-09-09
Added · Updated
Use of Artificial Intelligence for Monitoring of Suspicious Activities
The Circular Instruction on Reporting (CIR) issued on 09 September 2024 provides regulatory guidance on the application of artificial intelligence for monitoring suspicious activities. It directs all authorized institutions to enhance their Anti-Money Laundering and Countering the Financing of Terrorism controls by leveraging AI technologies. This directive aligns with previous thematic reviews and reports aimed at improving the effectiveness and operational efficiency of financial crime monitoring systems.
CIR
Current
Issue Date:
09 Sep 2024
20241122-4-EN.pdf (199.3 KB)
Topic:
AML & CFT - AML/CFT Controls
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
09 Sep 2024
Use of Artificial Intelligence for Monitoring of Suspicious Activities
CIR
Current
17 Apr 2024
Thematic Review of Transaction Monitoring Systems and Use of Artificial Intelligence
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Current
25 Sep 2023
Report on “AML/CFT Regtech: Case Studies and Insights Volume 2’’
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Current
21 Jan 2021
Report on “AML/CFT Regtech: Case Studies and Insights”
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Current
09 Sep 2024
Use of Artificial Intelligence for Monitoring of Suspicious Activities
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17 Apr 2024
Thematic Review of Transaction Monitoring Systems and Use of Artificial Intelligence
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Current
25 Sep 2023
Report on “AML/CFT Regtech: Case Studies and Insights Volume 2’’
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Current
21 Jan 2021
Report on “AML/CFT Regtech: Case Studies and Insights”
Version History
Superseded Document
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