Knowledge Hub
The Wolfsberg Group
Established in 2000, the Wolfsberg Group is a private-sector association of leading global banks that develops best-practice frameworks for anti-money laundering (AML), know‑your‑customer (KYC), and counter‑terrorist financing (CTF) in the financial services industry. Its Wolfsberg Principles guide due diligence standards and internal audit monitoring to enhance effectiveness across institutions and align with FATF objectives.
FATF (Financial Action Task Force)
The FATF is an intergovernmental policy‑making body created in 1989 that sets global standards to combat money laundering, terrorist financing, and proliferation financing. It issues the FATF Recommendations, conducts mutual evaluations of member jurisdictions, and identifies high‑risk jurisdictions to promote regulatory reform worldwide.
International Compliance Association (ICA)
The ICA is a leading global professional body for compliance and financial crime prevention. It offers qualifications, certifications, and training in AML, sanctions, customer due diligence, and broader compliance, having trained over 180,000 professionals in more than 150 countries.
GAMLD (UK's General AML Directive)
Known as the Money Laundering Regulations transposing the EU's Fifth and Sixth AML Directives into UK law, GAMLD (often referred to generally in AML contexts) establishes UK obligations on customer due diligence, reporting, and internal controls. (Note: specifics usually referenced via "UK Money Laundering Regulations 2017" as amended by later directives).
Council of Europe / MONEYVAL
The Council of Europe promotes human rights, democracy, and the rule of law across its member states. Within AML/CFT frameworks, its expert body MONEYVAL monitors and evaluates countries' compliance with international AML standards, issuing recommendations to strengthen national frameworks and align with FATF principles.
ACAMS (Association of Certified Anti‑Money Laundering Specialists)
Founded in the early 2000s and headquartered in Miami, ACAMS is the world's largest membership organisation for anti-financial crime professionals. It delivers globally recognized certifications such as CAMS, runs conferences, training, and publishes "ACAMS Today", supporting knowledge sharing and practical skill development in AML, sanctions, and fraud detection.
IDAXA (International Digital Asset Exchange Association)
IDAXA is a coalition of virtual asset exchanges and trade associations aiming to develop harmonized AML/CFT standards for the digital assets industry. It has submitted recommendations to bodies such as FATF on the Travel Rule, NFTs, DeFi, and peer‑to‑peer transactions to enhance regulatory consistency and consumer protection in crypto markets.
