With the increased global focus on anti-money laundering (AML) and countering the financing of terrorism (CFT), regulatory agencies around the world are tightening restrictions, broadening their reach and putting additional compliance burdens on companies who do business in their jurisdictions. As a result, there have been many recent regulatory changes that all businesses should be aware of, especially if you are considering expanding your business outside of your current jurisdiction.
This guide looks at some of the changes in the AML regulatory landscape in seven countries around the globe.