Glossary subdomain
AML/CFT Framework and Standards
2 terms about AML/CFT Framework and Standards in Financial Crime, from A to Z.
The terms
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Anti-Money Laundering (AML)
Anti-money laundering covers the laws and controls that make it hard for criminals to disguise where illegal money came from and spend it as if it were clean. Paired with counter-terrorist financing, it is usually written AML/CFT.
Domain: Financial Crime
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Combating the Financing of Terrorism (CFT)
Combating the financing of terrorism covers the laws and controls that prevent funds being raised, moved or used to support terrorists, terrorist acts or terrorist organisations, whether the money is legal or criminal in origin.
Domain: Financial Crime