Regulatory Alerts2024-09-09
Added · Updated
Use of Artificial Intelligence for Monitoring of Suspicious Activities
The regulator issued this circular on September 9, 2024, to guide authorized institutions on utilizing artificial intelligence for monitoring suspicious activities. The document emphasizes the use of technologies to enhance the effectiveness and operational efficiency of monitoring for money laundering and terrorist financing. It serves as a key reference alongside related thematic reviews and high-level principles on AI implementation in AML/CFT controls.