AML/CFT Regulatory Reminders

The Financial Services Commission (FSC) requires all financial institutions under its purview to comply fully with their anti-money laundering, combating financing of terrorism (AML/CFT) and proliferation financing obligations under the Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2011-23 and the AML/CFT Guidelines issued by the FSC.

The FSC issues regulatory reminders to ensure that regulated financial institutions maintain focus on complying with critical aspects of the anti-money laundering, combating financing of terrorism and proliferation financing requirements.

Reference should also be made to the Financial Action Task Force’s website for additional typologies and guidance statements.

For any questions regarding these regulatory reminders, please contact This email address is being protected from spambots. You need JavaScript enabled to view it. or via telephone at (246) 421-2142.