Amendments 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’).

Within the main body of the AML/CFT Handbook the definition of a politically exposed person has been updated to reflect the changes made in the AML/CFT Code that came into force on 1 June 2019.

Appendix D(a) and D(b) have been amended to reflect the FATF Statement issued on 21 June 2019 and the FATF’s statement entitled ‘Improving Global AML/CFT Compliance: update on-going process’ also issued on 21 June 2019.

A tracked changes version of the AML/CFT Handbook can be found here. 

The full “clean” AML/CFT Handbook can be found here.

If you have any enquiries please contact the AML Unit using the following email address: aml@iomfsa.im