What is AML/CTPF?
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What is AML/CTPF?
AML/CTPF stands for Anti-Money Laundering and Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing. These measures are aimed at preventing and suppressing money laundering and terrorism and the proliferation of weapons of mass destruction financing, which are serious crimes that threaten the economy, society, and national security, as well as the global community. In which criminals use financial institutions and groups of professionals involved in financial investment as channels to commit such crimes. Many countries have given importance to and cooperated in determining solutions to this problem in order to cut off the cycle of committing such crimes. There is an international organization called the Financial Action Task Force (FATF) that has established international AML/CFT measures called the 40 Recommendations (The Forty Recommendations) for countries to use as guidelines in enacting their own domestic laws.
For Thailand, the agency responsible for overseeing compliance with AML/CTPF standards is the Anti-Money Laundering Office, which is the agency overseeing compliance with Anti-Money Laundering Act B.E. 2542 and the Counter-Terrorism and Proliferation of Weapon of Mass Destruction Financing Act B.E. 2559 (2016).
For the international standards on AML/CTPF, namely the 40 Recommendations (FATF 40 Recommendations), the main points of which are used by countries in enacting domestic laws on Anti-Money Laundering and the Counter Terrorism and Proliferation of Weapon of Mass Destruction Financing can be viewed at https://www.amlo.go.th/index.php/en/aml-cft-cpf-standards/faft-standards
The Anti-Money Laundering Act B.E. 2542 and Counter-Terrorism and Proliferation of Weapon of Mass Destruction Financing Act B.E. 2559 (2016) can be viewed at
https://www.amlo.go.th/index.php/th/2016-05-10-08-05-56/2016-05-22-07-33-11/2016-05-22-07-40-19
https://www.amlo.go.th/index.php/th/2016-05-10-08-05-56/2016-05-22 -07-33-11/2016-05-22-07-41-10
