The roles and responsibilities of the AML Officers of Financial Service Providers

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Money laundering is the process by which the proceeds of crime are channelled through the economy/financial system in a way which is intended to conceal the true origin and ownership of the proceeds of criminal activity. This guide looks at the roles and responsibilities of the nominated officers of FSPs whose job it is to look out for and report suspicious activity and who oversee the compliance function and ensure that adequate systems and controls are in place to comply with the Regulations. Download the PDF to read more.