Anti-Money Laundering ('AML') and Countering the Financing of Terrorism ('CFT') Industry Partnership ('ACIP') Best Practices Papers

 

  1. Best Practices for Countering Trade Based Money Laundering

    This paper is produced by the Anti-Money Laundering ('AML') and Countering the Financing of Terrorism ('CFT') Industry Partnership (ACIP) working groups on Trade-Based Money Laundering ('TBM'L). It highlights common TBM'red flags' and recent typologies and sets out industry best practices for the identification and mitigation of TBML risks.
     
  2. Legal Persons – Misuse Typologies and Best Practices

    This paper is produced by the ACIP working groups on Legal Persons. It highlights recent typologies involving the misuse of companies and other legal persons. The paper also highlights the 'red flags' that led to detection of these typologies, and sets out industry best practices that could detect or prevent such abuses.