How many businesses are or will be affected by AML/CFT laws and regulations?

Over the next 3-5 years there will be more than 1.1 million regulated entities that will need to comply with AML/CFT laws, many of these for the first time.

• There are around 200 FATF member countries and this trend to broaden the scope is set to continue
• 31 out of 34 FATF full member countries have yet to fully extend their AML/CFT regime to DNFBPs
• 10 of these countries alone have more than 1.1 million entities that will have to comply with AML laws.