Publication: AML/CFT Regulations : Balancing Security with Access
Date
2006-04
ISSN
Published
2006-04
Author(s)
World Bank
Abstract
Across the world, new measures are being
introduced to combat money laundering and the financing of
terrorism. Once the concern primarily of banks, governments
have expanded regulations and requirements for compliance
since the late 1990s. Now all financial service providers,
including those working with low-income communities, are or
will be affected. As a result, the new international
framework and national measures for Anti-Money Laundering
(AML) and Combating the Financing of Terrorism (CFT) could
have far-reaching effects.
Citation
“World Bank. 2006. AML/CFT Regulations : Balancing Security with Access. CGAP Brief. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/7338515f-5f5e-593b-a8ce-cd970adc044c License: CC BY 3.0 IGO.”