AML/CFT Compliance Policy

An AML/CFT (Combating the Financing of Terrorism) compliance policy is a document that outlines an organization’s approach to preventing money laundering and the financing of terrorism. This policy details the procedures and controls implemented to identify and mitigate risks associated with these activities, including customer due diligence, transaction monitoring, training, and reporting requirements.

Having a comprehensive AML/CFT compliance policy ensures that the organization adheres to regulatory requirements and takes a proactive stance in preventing financial crimes. Regular updates to the policy help keep it aligned with the latest legal standards and emerging threats.