Official Website
Lao Services
Register | ເຂົ້າລະບົບ

View Service Measure
NameResponsibilities of reporting entities
DescriptionReporting entities must undertake the following activities: Establishment of an AML/CFT Programme; Implementation of risk assessment and risk based approach ; Implementation of Know Your Customer measures;. Customer Due Diligence measures; Gathering detailed information on customers; Gathering information about customers’ transactions; Dealings with PEPs; Dealing with corresponding banks; Collect data on wire transfer; Data recordkeeping; Postponement of transactions; and Reporting; Suspicious transaction report; and Confidentiality.
Validity From14-07-2014
Validity To31-12-9999
ReferenceArticle 18
Measure TypeAdministrative Requirements
Agency NameBank of the Lao PDR
Legal DocumentLaw on Anti-Money Laundering and Counter-Financing of Terrorism No. 50/NA, dated 21 July 2014
This measure applies to Service