A naukri.com initiative
Global Fintech Series
2d
306
Image Credit: Global Fintech Series
Understanding Global AML Regulations: Key Updates for 2025
- Financial crime and compliance regulations are evolving rapidly, requiring financial institutions to update their compliance frameworks to combat money laundering tactics using cryptocurrencies and DeFi.
- The year 2025 brings significant changes to global AML regulations, with FATF emphasizing National Risk Assessments and beneficial ownership transparency.
- Key challenges in AML compliance include regulating AI, enhancing beneficial ownership transparency, global AML standards harmonization, and optimizing resource allocation.
- Regulatory developments in 2025 focus on FATF's revised NRA framework, beneficial ownership transparency, oversight of virtual assets and DeFi, global sanctions compliance, adoption of advanced technologies, and AML standardization.
- Global AML regulatory landscape in 2025 highlights jurisdictions like the UK, US, EU, Asia-Pacific, and MEA strengthening AML frameworks to combat financial crimes.
- Financial institutions need to adapt to risk-based compliance, beneficial ownership disclosures, and advanced technologies like AI for effective AML measures in 2025.
Read Full Article
18 Likes
For uninterrupted reading, download the app