FR – Joint testing to combat money laundering

02/05/2022

The Autorité de contrôle prudentiel et de résolution (ACPR) is proposing an experiment on collaborative methods and data sharing in the field of anti-money laundering and terrorist financing (AML/CTF), and in particular the detection of suspicious transactions.

According to the Financial Action Task Force, which released a report on this theme in 2021, with data sharing and collaborative analysis, financial institutions can better understand, Assess and reduce the risks of money laundering and terrorist financing, thereby making it easier to identify illegal activities.

With this experiment, the objective of the ACPR is to stimulate reflection on the applications of Artificial Intelligence in the field of AML-CTF.

Head of Knowledge Management Strategy and Market Infrastructure - SGSS