Overview of the 40 recommendations

Group Topic Recommendations
I
  • AML/CFT Policies & Coordination
  • Assessing risks and applying a risk based approach
  • National cooperation and coordination
1-2
II
  • Money laundering and confiscation
  • Money laundering offence
  • Confiscation and provisional measures
3-4
III
  • Terrorist financing and financing of proliferation
  • Terrorist financing offence
  • Targeted financial sanctions related to proliferation
  • Non-profit organizations
5-8
IV
  • Financial and non-financial institution measures
  • Financial institution secrecy laws
  • Customer due diligence and record keeping
  • Additional measures for specific customers and activities
  • Reliance, controls and financial groups
  • Reporting of suspicious transactions
  • Designated non-financial businesses and professions
9-23
V
  • Transparency and beneficial ownership of legal persons and arrangements
  • Transparency and beneficial ownership of legal persons
  • Transparency and beneficial ownership of legal arrangements
24-25
VI
  • Powers and responsibilities of competent authorities and other institutional measures
  • Regulation and supervision
  • Operational and law enforcement
  • General requirements Sanctions
26-35
VII
  • International cooperation
  • International instruments
  • Mutual legal assistance
  • Mutual legal assistance: freezing and confiscation
  • Extradition Other forms of international cooperation
36-40



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