Lawyers – AML/CFT Red Flags Type of client (Client risk factors)Non-resident client and client who has no address or multiple addresses
Client or beneficial owner who is a politically-exposed individual or a family member or close associate of any such individual
Legal persons or arrangements that are personal asse...
FATF – High-risk and non-cooperative jurisdictions On the basis of the results of the review by the International Co-operation Review Group (ICRG), the FATF identifies jurisdictions with strategic AML/CFT deficiencies in the following public documents that are issued three times a year: FATF Public Statement (call for action) and Improving Global AM...
Trade-based Money Laundering (TBML) There are three main methods by which criminal organisations and terrorist financiers move money for the purpose of disguising its origins and integrating it into the formal economy. The first is through the use of the financial system; the second involves the physical movement of money (e.g. throug...
