Frequently Asked Questions (FAQ)

This FAQ is divided into three distinct sections:

• For Citizens: this section provides a simplified explanation of the purpose and utility of certain procedures and controls that you, as a client of a profession subject to Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) obligations (such as a bank), may encounter.
• Key AML/CFT Concepts: this section explains, in straightforward terms, some of the fundamental concepts related to AML/CFT.
• Financial Action Task Force (FATF): the objective of this section is to familiarise yourself with the context, operations, and key concepts of the FATF.