Updates to the Anti-Money Laundering and Countering the Financing of Terrorism Handbook (‘AML/CFT Handbook’)

The Authority wishes to draw your attention to some amendments to the Anti-Money Laundering and Countering the Financing of Terrorism Handbook (‘AML/CFT Handbook’).

There have been a number of changes made throughout the document, including:

  • The PEP sections have been consolidated and expanded;
  • The international sanctions section has been expanded;
  • Appendix H has been amended in light of the introduction of the ‘Information Accompanying Transfers of Funds Regulations 2016’ legislation (which came into force in June 2017); and,
  • An additional appendix has been added, Appendix L, which provides further information regarding terrorist financing and typologies.

A list of updates can be found here. There have also been a number of other minor amendments throughout the document to provide clarity to the guidance.

Appendix D(a) and D(b) have been amended to reflect the FATF Statement issued on 3 November 2017 and the FATF’s statement entitled ‘Improving Global AML/CFT Compliance: update on-going process’ also issued on 3 November 2017.

Additionally, the sector specific guidance for Specified Non-Profit Organisations has been amended. A ‘clean’ version of the sector specific guidance can found here and a tracked changes version can be found here.

A tracked changes version of the AML/CFT Handbook can be found here.  A ‘clean’ amended AML/CFT Handbook can be found here

If you have any enquiries please contact the AML Unit using the following email address: [email protected]