Programs on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) are essential elements of the World Bank’s development mandate in the financial sector. They relate to, and reinforce, the Bank’s complementary work on governance and legal framework issues.
Financial Market Integrity Service Line provides client countries and World Bank staff with tools for increasing transparency and for going after the “dirty money” as a means for strengthening financial soundness, safety and integrity of the financial system.
Our AML/CFT and asset disclosure tools offer innovative avenues for fighting crimes and addressing development issues of governance and anti-corruption, financial inclusion, ease of doing business, stolen asset recovery, and illicit flows. The objective of the Financial Market Integrity Group is to support client countries in strengthening the integrity of their financial sectors through:
We support countries through workshops, mentorships, and advisory services in designing and adopting AML/CFT strategies.
We carry out assessments of countries’ anti-money laundering and combating terrorism financing regime.
We engage client countries and standard setters to influence policy changes at national and global levels.