Regulatory Compliance Library

FATF Recommendation 13 - Correspondent Banking

FATF Recommendation 13 is an international standard issued by the Financial Action Task Force that requires banks to apply enhanced due ...

FATF Recommendation 15 - New Technologies (incl. VASPs)

FATF Recommendation 15, issued by the Financial Action Task Force and revised in June 2019, requires countries to assess and manage money ...

FATF Recommendation 22 - DNFBPs Customer Due Diligence

FATF Recommendation 22 is a global anti-money laundering standard issued by the Financial Action Task Force that requires Designated ...

FATF Recommendation 24 - Beneficial Ownership of Legal Persons

FATF Recommendation 24 requires countries to ensure that adequate, accurate, and current beneficial ownership information on legal persons ...

FATF Recommendation 32 - Cash Couriers

FATF Recommendation 32 is a Financial Action Task Force standard requiring all member countries to implement border controls for detecting ...

FATF Recommendation 16 - Wire Transfers (Travel Rule)

FATF Recommendation 16, the Travel Rule, is a global anti-money laundering standard issued by the Financial Action Task Force that requires ...

FATF Recommendation 20 - Reporting of Suspicious Transactions

FATF Recommendation 20 requires banks, electronic money institutions, virtual asset service providers, and other covered financial entities ...

FATF Updated Guidance for a Risk-Based Approach to Virtual Assets

The FATF Updated Guidance for a Risk-Based Approach to Virtual Assets, published by the Financial Action Task Force in October 2021, ...

FCA SYSC 6.3 - Financial Crime

FCA SYSC 6.3 is the Financial Crime chapter of the UK Financial Conduct Authority's Senior Management Arrangements, Systems and Controls ...

Money Laundering Regulations 2017

SI 2017/692

FCA CONC - Consumer Credit Sourcebook

FCA CONC (Consumer Credit Sourcebook) is the Financial Conduct Authority's binding rulebook for consumer credit in the UK. It requires ...

FCA Discussion Paper on AI in Financial Services

The FCA Discussion Paper on Artificial Intelligence (DP5/22) is a UK Financial Conduct Authority consultation, published in October 2022, ...

HK Anti-Money Laundering Ordinance

The Hong Kong Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), Cap. 615, requires banks, money service operators, ...

IFRS 9 Financial Instruments

IFRS 9 Financial Instruments, issued by the International Accounting Standards Board (IASB) and effective 1 January 2018, requires all ...

MAS Notice 626 - AML/CFT for Banks

MAS Notice 626, issued by the Monetary Authority of Singapore, requires all banks licensed in Singapore to implement AML/CFT controls ...

MAS Payment Services Act

Singapore's Payment Services Act (PSA), administered by the Monetary Authority of Singapore (MAS), requires banks, licensed payment ...

PCI DSS 4.0

PCI DSS 4.0 (Payment Card Industry Data Security Standard version 4.0) is a global security standard published by the PCI Security ...

PCI DSS 4.0 Requirement 12 - Information Security Policy

PCI DSS 4.0 Requirement 12, issued by the PCI Security Standards Council (PCI SSC), requires any entity that stores, processes, or ...

PRA SS5/21 - Operational Resilience

PRA Supervisory Statement SS5/21 requires UK-authorised banks, building societies, and PRA-designated investment firms to identify their ...

RBI Master Direction on KYC 2016

The RBI Master Direction on Know Your Customer 2016 is a consolidated regulatory framework issued by the Reserve Bank of India on February ...