WTO (World Trade Organization)

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations, primarily functioning to ensure that trade flows as smoothly, predictably, and freely as possible, which indirectly impacts global regulatory harmonization and compliance standards. While its core mandate is trade liberalization, the WTO's agreements and dispute settlement mechanisms influence national regulatory frameworks, including those related to Anti-Money Laundering (AML), Know Your Customer (KYC), and sanctions compliance, particularly in the context of trade finance.