Anti-Money Laundering: Know Your Customer quick reference guide

A global issue

The financial services sector, in particular, faces significant reputational damage should it have inadequate controls to prevent money laundering.

In response to our customers’ requests to gain quick and easy access to anti-money laundering and "Know Your Customer" requirements and details of the myriad of regulatory and other cultural issues which need to be addressed when doing business across territories, we have developed a Know Your Customer quick reference guide.

The guide is a quick and easy way of comparing anti-money laundering issues for over 60 countries and includes additional links to useful information such as Financial Action Task Force (FATF) reports and country evaluations.

It also includes, amongst other topics, information about whether local regulators support the use of the risk based approach to anti-money laundering; how to deal with Politically Exposed Persons and whether doing business with shell banks is prohibited.

Also included in the Know Your Customer quick reference guide are details of the appropriate PricewaterhouseCoopers anti-money laundering professionals in these countries, whose on-the-ground knowledge is invaluable. They would be happy to discuss any anti-money laundering issues you might have.

To access the information about a particular country, please click on the pdf link below.

• Know Your Customer quick reference guide