Anti-Money Laundering (AML) (EU)

The growth in international crime and terrorism has seen greater efforts by criminals to unearth new ways of integrating their illicit funds into financial markets. Financial centers are the target of lucrative, highly-skilled organized crime networks that range from small local gangs to large trans-regional operations with the sophistication, organization, and facilities of a major corporation.

Identifying and bringing to justice those who help launder illicit funds is a priority for both governments and financial markets regulators. You have an important part to play in this work – ignorance is no longer a valid form of defence. The penalties for non-compliance can include a fine and/or a custodial sentence.

(EU Version)