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Overview of AML frameworks worldwide

The European Banking Federation (FBE) is the voice of the European banking sector. It represents the interests of over 4500 European banks, large and small, with total assets of more than € 20 000 billion and over 2.3 million employees.
The Federation issued a very interesting report in April 2005.
This report has been drafted by the Anti-Fraud and Anti-Money Laundering Committee of the European Banking Federation (FBE) based oncontributions submitted by national banking associations. This extensive document offers an inventory of national regulations on money laundering in more than 35 countries in Europe
and beyond. National legislation are detailed and listed with identical headings (type of legislation, business
covered, reporting procedures, identification requirements, etc.) which introduce some valuable elements of comparison among countries.
The Report is based on information collected from July 2004 to February 2005.

Download the report

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