Safeguard Measures

Safeguard Measures are a set of mandatory, preventative controls and procedures implemented by financial institutions and designated non-financial businesses and professions (DNFBPs) to mitigate the risks of money laundering, terrorist financing, and sanctions evasion, forming the operational core of an effective Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance program. These measures, often mandated by international bodies like the Financial Action Task Force (FATF) and national regulators, include robust Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) for high-risk clients, sanctions screening, and suspicious activity reporting (SAR).