An Official Website of the Barbados Government.
The purpose of this Guidance is to outline the key principles involved in applying a risk-based approach to Anti-
Money Laundering /Countering the Financing of Terrorism (“AML/CFT”) in the securities sector. The Guidance consists of three sections. Section I sets out the key elements of the risk-based approach and needs to be read in conjunction with Sections II and III, which provide specific guidance to securities providers and intermediaries (Section II), and on the effective implementation of a RBA to supervisors of the securities sector (Section III). The annexes provide examples of countries’ supervisory practices and suspicious activity indicators in the securities sector.
