The Wolfsberg Group

The Wolfsberg Group is comprised of 13 global banks that develop financial services industry standards and related products. Originally established to address money laundering risks in private banking, the Group has expanded its scope to include additional financial crime risks within the financial services industry, such as corruption, terrorist financing and sanctions.

Main activities include:

  • standard setting for the Wolfsberg Group of banks on financial crime risks;
  • participation in supranational fora for legislative developments in the field of financial crime;
  • stakeholder engagement with Members, industry (non-member banks), regulators and civil society;
  • education and training.
Year
1999
Country
International
Sector
Finance
Facilitator/Monitor
Rotates between members
Active
Active

Last updated: 13.05.2020

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us at the contact details on the main database page.