Optimising Fraud and Financial Crime Detection and Reporting

Enclosure: Guidance Paper on Transaction Monitoring, Screening and Suspicious Transaction Reporting (Revised in February 2023)

Topic:

AML & CFT - AML/CFT Controls

Keyword: Systems/controls Transaction monitoring Suspicious transaction reporting Policies/procedures Reporting channels + Senior management/72B managers Customer due diligence Management information system Risk appetite/limits External auditors Internal auditors -

Group: All Authorized Institutions