Links

This page is a compilation of key regulatory compliance resources, including government agencies, trade association, and regional resources. The links below include anti-money laundering laws, relevant rules, reporting requirements, financial industry guidance, and standards.

Government and Regulatory Agencies:

  • Bureau of International Narcotics and Law Enforcement Affairs (INL)
    http://www.state.gov/j/inl/
    The Bureau of International Narcotics and Law Enforcement Affairs (INL) works to keep Americans safe at home by countering international crime, illegal drugs, and instability abroad. INL helps countries deliver justice and fairness by strengthening their police, courts, and corrections systems. These efforts reduce the amount of crime and illegal drugs reaching U.S. shores. The mission of the INL is to combat international crime and illegal drugs, and their impact on the United States, its citizens, and partner nations by providing effective foreign assistance and fostering global cooperation to counter these threats.
  • Board of Governors of the Federal Reserve System
    http://www.federalreserve.gov
    The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
  • Commodity Futures Trading Commission
    http://www.cftc.gov
    The mission of the U.S. Commodity Futures Trading Commission (CFTC) is to foster open, transparent, competitive, and financially sound markets. By working to avoid systemic risk, the Commission aims to protect market users and their funds, consumers, and the public from fraud, manipulation, and abusive practices related to derivatives and other products that are subject to the Commodity Exchange Act (CEA).
  • Federal Deposit Insurance Corporation (FDIC)
    https://www.fdic.gov/
    The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the United States financial system by insuring depositors for at least $250,000 per insured bank; by identifying, monitoring, and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.
  • Financial Action Task Force (FATF)
    http://www.fatf-gafi.org/
    The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the ministers of its member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing, and other related threats to the integrity of the international financial system.
  • Financial Industry Regulatory Authority (FINRA) Newsroom
    http://www.finra.org/newsroom
    The Financial Industry Regulatory Authority (FINRA) is an independent, not-for-profit organization authorized by the U.S. Congress to protect America’s investors by making sure the securities industry operates fairly and honestly. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation of the securities industry.
  • National Credit Union Administration (NCUA)
    https://www.ncua.gov
    The National Credit Union Administration is the independent federal agency that regulates, charters, and supervises federal credit unions. With the backing of the U.S. government, NCUA insures the deposits of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The mission of the NCUA is to provide, through regulation and supervision, a safe and sound credit union system, which promotes confidence in the national system of cooperative credit.
  • National Futures Association
    https://www.nfa.futures.org/
    National Futures Association (NFA) is the self-regulatory organization for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex), and OTC derivatives (swaps). NFA develops and enforces rules, provides programs, and offers services that safeguard market integrity, protect investors, and help its members meet their regulatory responsibilities.
  • New York State Department of Financial Services (DFS)
    http://www.dfs.ny.gov/
    The New York State Department of Financial Services (DFS) was created by transferring the functions of the New York State Banking Department and the New York State Insurance Department into a new department. This transfer of functions became official on October 3, 2011. The mission of DFS is to reform the regulation of financial services in New York to keep pace with the rapid and dynamic evolution of these industries, to guard against financial crises and to protect consumers and markets from fraud.
  • Office of Foreign Assets Control (OFAC)
    https://www.treasury.gov/about/organizational-structure/offices/Pages/Office-of-Foreign-Assets-Control.aspx
    The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy, or economy of the United States.
  • Office of the Comptroller of the Currency (OCC), U.S. Department of Treasury
    http://www.occ.treas.gov/
    The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC’s mission is to ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.
  • Securities and Exchange Commission (SEC)
    https://www.sec.gov/
    The Securities and Exchange Commission oversees the key participants in the securities world, including securities exchanges, securities brokers and dealers, investment advisors, and mutual funds. The SEC is concerned primarily with promoting the disclosure of important market-related information, maintaining fair dealing, and protecting against fraud in order to protect investors; maintaining fair, orderly, and efficient markets; and facilitating capital formation.
  • U.S. Department of Treasury
    https://www.treasury.gov
    The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The department is responsible for a wide range of activities such as advising the president on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department of the Treasury operates and maintains systems that are critical to the nation’s financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government. The Treasury Department works with other federal agencies, foreign governments, and international financial institutions to encourage global economic growth, raise standards of living, and to the extent possible, predict and prevent economic and financial crises. The Treasury Department also performs a critical and far-reaching role in enhancing national security by implementing economic sanctions against foreign threats to the United States, identifying and targeting the financial support networks of national security threats, and improving the safeguards of our financial systems.
  • U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN)
    https://www.fincen.gov/
    The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury. FinCEN’s mission is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities.
  • U.S. Government Accountability Office (GAO)
    http://www.gao.gov/
    The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for Congress. Often called the “congressional watchdog,” GAO investigates how the federal government spends taxpayer dollars. The mission of the GAO is to support the Congress in meeting its constitutional responsibilities and to help improve the performance and ensure the accountability of the federal government for the benefit of the American people. It provides Congress with timely information that is objective, fact-based, nonpartisan, nonideological, fair, and balanced.

Trade Associations:

  • American Bankers Association (ABA)
    http://www.aba.com/compliance/pages/default.aspx
    The American Bankers Association (ABA) represents small, regional, and large banks that together employ more than 2 million people, hold more than $16 trillion in assets, safeguard $12 trillion in deposits, and extend more than $8 trillion in loans.
  • Association of Certified Anti-Money Laundering Specialists (ACAMS)
    http://www.acams.org/
    The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization dedicated to enhancing the knowledge and expertise of AML/CTF and financial crime detection and prevention professionals, from a wide range of industries, in both the public and private sectors.
  • Association of International Bank Auditors (AIBA)
    http://aiba-us.org/
    The mission of the Association of International Bank Auditors (AIBA) is to foster the professional standing of its members by increasing their knowledge, skills, and capacities to carry out their responsibilities with respect to international banking.
  • Securities Industry and Financial Markets Association (SIFMA)
    http://www.sifma.org/
    The Securities Industry and Financial Markets Association (SIFMA) represents broker-dealers, banks, and asset managers across the United States. SIFMA brings together their shared interests, advocating in support of effective and resilient capital and financial markets.

Regional Resources:

  • Asia/Pacific Group on Money Laundering (APG)
    http://www.apgml.org/
    The Asia/Pacific Group on Money Laundering (APG) is an autonomous and collaborative international organization founded in 1997 in Bangkok, Thailand, consisting of 41 members and a number of international and regional observers. Some of the key international organizations that participate with, and support, the efforts of the APG in the region include the Financial Action Task Force, International Monetary Fund, World Bank, OECD, United Nations Office on Drugs and Crime, Asian Development Bank, and Egmont Group of Financial Intelligence Units. APG members and observers are committed to the effective implementation and enforcement of internationally accepted standards against money laundering and the financing of terrorism, in particular the Forty Recommendations of the FATF.
  • Bank for International Settlements (BIS)
    http://www.bis.org/
    The Bank for International Settlements (BIS) is the world’s oldest international financial organization. The BIS has 60 member central banks, representing countries from around the world that together make up about 95% of world GDP. The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas, and to act as a bank for central banks.
  • Caribbean Financial Action Task Force (CGATF)
    https://www.cfatf-gafic.org/
    The Caribbean Financial Action Task Force (CGATF) is an organization of states and territories of the Caribbean basin that have agreed to implement common countermeasures against money laundering and terrorism financing
  • Eastern and Southern Africa Anti-money Laundering Group (ESAAMLG)
    http://www.esaamlg.org/
    The purpose of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) is to combat money laundering by implementing the FATF Recommendations. This effort includes coordinating with other international organizations concerned with combating money laundering, studying emerging regional typologies, developing institutional and human resource capacities to deal with these issues, and coordinating technical assistance where necessary. ESAAMLG enables regional factors to be taken into account in the implementation of anti-money laundering measures.
  • Egmont Group of Financial Intelligence Units
    http://www.egmontgroup.org/
    Recognizing the importance of international cooperation in the fight against money laundering and financing of terrorism, a group of Financial Intelligence Units (FIUs) met at the Egmont Arenberg Palace in Brussels, Belgium, and decided to establish an informal network of FIUs for the stimulation of international co-operation. Now known as the Egmont Group of Financial Intelligence Units, Egmont Group FIUs meet regularly to find ways to promote the development of FIUs and to cooperate, especially in the areas of information exchange, training, and the sharing of expertise.
  • Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG)
    http://www.eurasiangroup.org/
    The Eurasian group on combating money laundering and financing of terrorism (EAG) is a FATF-style regional body uniting Belarus, India, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, and Uzbekistan. Sixteen more states and 17 international and regional organizations have observer status within the EAG.
  • Financial Action Task Force of Latin America (GAFILAT)
    http://www.gafilat.org/
    The Financial Action Task Force in Latin America (GAFILAT), formerly known as Financial Action Task Force of South America (GAFISUD), is an intergovernmental regional organization which brings together 16 countries in South America, Central America, and North America to combat money laundering and terrorist financing through the commitment to improvement continuous national policies against both issues and deepening the various mechanisms of cooperation among member countries.
  • International Money Laundering Information Network (IMoLIN)
    http://www.imolin.org/
    The International Money Laundering Information Network (IMoLIN) is an Internet-based network assisting governments, organizations and individuals in the fight against money laundering. IMoLIN has been developed with the cooperation of the world’s leading anti-money laundering organizations.
  • Middle East and North Africa Financial Action Task Force (MENAFATF)
    http://www.menafatf.org/
    The Middle East and North Africa Financial Action Task Force (MENAFATF) is voluntary and cooperative in nature and independent from any other international body or organization; it was established by agreement between the governments of its members and is not based on an international treaty. It sets its own work, regulations, rules, and procedures and co-operates with other international bodies, notably the FATF, to achieve its objectives.
  • Wolfsberg Group
    http://www.wolfsberg-principles.com/
    The Wolfsberg Group is an association of 13 global banks that aims to develop frameworks and guidance for the management of financial crime risks, particularly with respect to know your customer, anti-money laundering, and counterterrorist financing policies.