The Wolfsberg Group is an association of thirteen global banks which aims to develop frameworks and guidance for the management of financial crime risks. 

The Wolfsberg Group is an association of thirteen global banks which aims to develop frameworks and guidance for the management of financial crime risks, particularly with respect to Know Your Customer, Anti-Money Laundering and Counter Terrorist Financing policies.

The Group came together in 2000, at the Château Wolfsberg in north-eastern Switzerland, in the company of representatives from Transparency International, including Stanley Morris, and Professor Mark Pieth of the University of Basel, to work on drafting anti-money laundering guidelines for Private Banking. The Wolfsberg Anti-Money Laundering (AML) Principles for Private Banking were subsequently published in October 2000, revised in May 2002 and again most recently in June 2012.

READ MORE
WOLFSBERG NEWS
June 27, 2019
Publication of the CBDDQ Capacity Building Materials

The Wolfsberg Group is pleased to publish a series of materials supporting the implementation of the Correspondent Banking Due Diligence Questionnaire (CBDDQ).The CBDDQ was launched in 2018 as a significant update to the original Wolfsberg AML Questionnaire covering the major aspects of banks’<

May 14, 2019
Publication of Guidance on Customer Tax Evasion

The Wolfsberg Group is pleased to publish its Guidance on Customer Tax Evasion, which is designed to provide Financial Institutions (FIs) with an industry perspective on how to develop, implement and maintain an effective anti-tax evasion compliance programme. The overall objective of the Guidanc