Page 9 - AML 30001 - The Standard dedicated to Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF)

CERTIFICATION BODY

The AML 30001® certification is issued by duly accredited Certification
Bodies (CBs), including global leaders in certification. Also referred to as
Conformity Assessment Bodies (CABs), these independent organizations
evaluate the practices, processes, and management systems of an entity
against the requirements of a standard. If the entity meets the standard’s
requirements, the CB/CAB is able to issue a certificate confirming its
compliance. This certificate is typically used to demonstrate adherence to
best practices in AML/CFT.
CBs/CABs are accredited by Standardization Bodies (SBs) on the basis of
the ISO 17021 standard (Conformity assessment – requirements for
bodies providing audit and certification of management systems). The
ISO 17021 standard establishes the guidelines to ensure the competence,
integrity, independence, and impartiality of CBs/CABs.

STANDARDIZATION BODY

IGSF International Group for Sustainable Finance

IGSF is a global organization dedicated to financial and non-financial
standardization, based in Luxembourg. IGSF is responsible for the
development and deployment of the AML 30001® standard.
The IGSF primarily focuses on two aspects: on the one hand, the techni-
cal organization of standards in terms of financial and non-financial
governance, listing the normative requirements by reference
framework; and on the other hand, the dissemination of these
standards and best practices in general.

The topics addressed by the IGSF cover both financial and non-financial
categories, related to financial governance, the fight against financial
crime, and the social, and environmental responsibility of businesses
and organizations.