Anti Money Laundering (AML) Policy Templates
What is Financial Crime?
Businesses with obligations under the Money Laundering Regulations have to a duty to identify, mitigate and prevent financial crime within its services and activities.
Financial crime is any kind of criminal conduct relating to money or to financial services or markets, including any offence involving: –
- Fraud or dishonesty
- Misconduct in, or misuse of information relating to, a financial market
- Handling the proceeds of crime
- The financing of terrorism