AML/CFT

AML (Anti-Money Laundering) and CFT (Countering the Financing of Terrorism) are frameworks and regulations aimed at preventing illegal funds from moving through the financial system. AML involves identifying and reporting suspicious transactions to stop money obtained from crimes such as fraud, drug trafficking, or corruption from being hidden or used freely. CFT focuses on preventing funds from being used to support terrorism or extremist activities. Together, AML/CFT help protect the integrity of financial markets, ensure security, and comply with international laws by making it difficult for illicit money to go unnoticed.