Management of money laundering and financing terrorism risks

In order to comply with the global standards, CAF established  an Anti-Money Laundering and Countering Terrorism Financing Framework. 

Our Framework is applicable  to all our offices and have the following elements:

• Compliance Officer appointed by the Executive President
• Internal policies and procedures
• Risk-based due diligence
• ML/FT risk factors assessment
• Screening System against sanctions lists such as OFAC, Consolidated United Nations Security Council Sanctions List, European Union Consolidated List, etc.
• Regular Audit Revisions on AML/CFT Framework
•  AML/FT Training for all-staff