Anti-Money Laundering And Combating The Financing Of Terrorism (AML/CFT) Requirements

Program To Support Arab Center For Agricultural Development (ACAD) To Comply With Anti-Money Laundering And Combating The Financing Of Terrorism (AML/CFT) Requirements. Agence Française de Développement (AFD) contracted DIG to provide ACAD with the systems, tools, and training to respond and comply with AML/CFT requirements in the West Bank and Gaza. Through on-the-ground missions to the West Bank, DIG undertook a comprehensive review of ACAD’s institutional structure, operations, systems and internal controls to assess its compliance with the Palestinian Monetary Authority’s Anti-Money Laundering law. Based on its findings, DIG worked with ACAD to design and implement a training plan to build staff capacity to ensure compliance with AML/CFT standards, and to effectively integrate required changes into ACAD’s existing systems and structures.

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