A businessman in a formal suit sitting in front of multiple computer monitors displaying financial data and charts in a modern control room, representing the regulatory framework and strict monitoring for Anti-Money Laundering (AML) at National Bonds.

AML Framework

AML Framework

In line with the commitment outlined by our Board of Directors, we have developed an AML program centred on the fundamentals of Know Your Customer (KYC).

Based on our unique business model, our comprehensive AML program places special emphasis on the activities performed by our partners by incorporating the requirements of FATF Recommendation No. 17

Key elements of our Compliance Programme:


  • Advanced Risk Assessment

    • Identifying customer risk based on AML/CTF risk factors, applying enhanced controls where needed.

  • Automated Monitoring & Screening

    • Automated transaction monitoring and name screening filters to detect suspicious activities.

  • Strict Sanctions Policy

    • Prohibiting any engagement with sanctioned individuals, entities, or high-risk jurisdictions in line with international regulations.

  • Dedicated AML/CTF analysts

    • AML/CTF analysts investigating alerts triggered by automated compliance systems closely to prevent illicit transactions.

  • Regulatory Reporting

    • Dedicated Money Laundering Reporting Officer (MLRO) to ensure timely reporting of suspicious activities to the Finance Intelligence Unit (FIU).

  • Employee AML Training & Awareness Program

    • Training the staff through seminars, e-learning, and newsletters to ensure the staff can detect and prevent financial crimes.

  • Enhanced Due Diligence (EDD)

    • Ensuring thorough scrutiny of customers and transitions, appliable on higher-risk clients, industries, and geographies.

  • Independent Audit & Oversight

    • Internal audit teams conducting periodic evaluations to assess the effectiveness of NBC’s AML Compliance Programme.