Countries

AML/CTF compliance in Norway WHAT ARE THE Money laundering and terrorism financing laws in Norway? In Norway, money laundering and terrorism financing are heavily regulated under the Anti-Money Laundering Act (2018). This Act came into effect to tighten regulations and increase transparency in sectors susceptible to money laundering and terrorism financing. These sectors include banks,…

AML/CTF compliance in Finland WHAT ARE THE Money laundering and terrorism financing laws in Finland? 6In Finland, money laundering and terrorism financing are stringently regulated primarily by the Act on Preventing Money Laundering and Terrorist Financing (444/2017; amendments up to 376/2021 included), often referred to as the Finnish AML Act. This law was last updated…

AML/CTF compliance in Denmark WHAT ARE THE Money laundering and terrorism financing laws in Denmark? In Denmark, money laundering and terrorism financing are strictly regulated by the following laws: The Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism (Act No. 651 of 8 June 2017): This Act, commonly referred to as…

AML/CTF compliance in Sweden WHAT ARE THE Money laundering and terrorism financing laws in Sweden? In Sweden, money laundering and terrorism financing are regulated by several laws and regulations: The Swedish Penal Code: This law criminalizes the act of money laundering. The Act on Measures against Money Laundering and Terrorist Financing (2017:630): This law is…

AML/CTF compliance in Italy WHAT ARE THE Money laundering and terrorism financing laws in Italy? In Italy, money laundering and terrorism financing are serious offences and are governed by the Legislative Decree No. 231/2007 (Anti-Money Laundering Code) and subsequent regulations. WHAT ARE THE Key obligations reporting entities have under Italian laws? The key obligations under…

AML/CTF compliance in Germany WHAT ARE THE Money laundering and terrorism financing laws in Germany? In Germany, money laundering and terrorism financing are serious offences and are governed by the Money Laundering Act (Geldwäschegesetz – GwG) and the Terrorism Financing Act (Gesetz über das Aufspüren von Gewinnen aus schweren Straftaten – GwG). WHAT ARE THE…

AML/CTF compliance in France WHAT ARE THE Money laundering and terrorism financing laws in France? In France, money laundering and terrorism financing are serious offences and are governed by the Monetary and Financial Code (Code monétaire et financier) and the French Criminal Code (Code pénal) WHAT ARE THE Key obligations reporting entities have under French…

AML/CTF Rest of the World WHAT IS THE Rest of the World? Arctic Intelligence is developing country specific AML Program and Customer Due Diligence documents in AML Accelerate but if your business is located in any other country you can still use AML Accelerate as the ML/TF Risk Assessment has been tailored to over 30…

AML/CTF Compliance in the UK WHAT ARE THE Money laundering and terrorism financing laws in the United Kingdom? In the United Kingdom money laundering and terrorism financing are serious offences and are governed by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) and the Proceeds of…

AML/CTF Compliance in South Africa WHAT ARE THE Money laundering and terrorism financing laws in South Africa? In South Africa, money laundering and terrorism financing are serious offences and are governed by the Financial Intelligence Centre Act, 2001 (FICA) and its associated regulations WHAT ARE THE Key obligations that reporting entities have under South African…