AML Insight October 2020 - CBI AML bulletin on transaction monitoring

Article

The Bulletin sets out the outcomes from a recent series of inspections and outlines the Central Bank's current regulatory expectations in relation to transaction monitoring. The key aspects of the Central Bank's observations in this regard are discussed below. Notable outcomes from inspections Interconnectivity of requirements The Central Bank's Anti-Money Laundering Division identified fail

Read more

November Deadline for New PCF Roles

Article

A number of new additions to the Central Bank's list of pre-approval controlled functions will require action from affected financial services providers before 16 November 2020.

Read more