With the AML Update Service

You can receive updates about the latest and relevant paragraphs for you to consider including in your AML Policy

AML Update Service extract for :

Criminal Exploitation of Daigou Activity

Change Date : 24/07/2025    |    Word Count: 191    |    Deployment Measure : 9/10
9/10

Rationale:

Provisional wording highlighting money laundering risks linked to Daigou activity, where criminal funds may be used to purchase goods for resale in East Asian markets. Firms must apply enhanced due diligence to high-value purchases made on behalf of others, especially where source of funds is unclear or explanations lack consistency.
A known method of criminal value transfer within Chinese underground banking networks in the UK involves the misuse of Daigou activity. Daigou is a Chinese term meaning "buying on behalf …

this text has expired. To see latest paragraphs