AboutResourcesNews
The leading voice in banking committed to combatting financial crime
Global Banks,
Global Standards
Wolfsberg Group

Who we are

The Wolfsberg Group is an association of 12 global banks which aims to develop frameworks and guidance for the management of financial crime risks.

Banco SantanderBank of AmericaBarclaysCitiDeutsche BankGoldman SachsHSBCJP Morgan ChaseMUFGSociete GeneraleStandard CharteredUBS
Learn moreLearn more

Concrete hands-on guidance by practitioners,
for practitioners

0 Years established
0Member banks
0+
Resources published

Key Areas of Work

Working Groups

We produce guidance and standards to support the industry and other stakeholders in the management of financial crime risk.

Read more

Questionnaires

Our Correspondent Banking Due Diligence and Financial Crime Compliance questionnaires set an enhanced and reasonable standard for cross-border and/or other higher risk correspondent banking due diligence.

Read more

Advocacy

We also work towards promoting cooperation between the private and the public sectors in the fight against illicit financial activity.

Read more

CBDDQ & FCCQ

Developed and published by the Wolfsberg Group, the Correspondent Banking Due Diligence Questionnaire (CBDDQ) seeks to help Financial Institutions conducting due diligence on Correspondent Banking relationships, as per regulatory requirements and their own internal policies and procedures.

Learn moreLearn more

Resources

Statement on Effective Monitoring for Suspicious Activity, Part II: Transitioning to Innovation

2025
English

Wolfsberg Guidance on Payment Transparency - Roles and Responsibilities

2024
English

Wolfsberg Group Response to FATF public consultation on AML/CFT and Financial Inclusion - R.1, 10 and 15

2024
English

Defining Digital Assets FAQs

2024
English

Wolfsberg Response to the FBAs’ Notice of Proposed Rulemaking for the AML Program Rule

2024
English

Response to the Financial Stability Board’s (FSB) Consultations on Regulating and Supervising Cross-border Payment Services and Data Frameworks Alignment

2024
English

Wolfsberg Response to the Consultation on FinCEN’s Notice of Proposed Rulemaking (NPRM) for the AML/CFT Program Rule

2024
English

The Wolfsberg Group Statement on Effective Monitoring for Suspicious Activity

2024
English
French
German

See all Resources

Go to page
See all resourcesSee all resources

News

The Wolfsberg Group Celebrates its 25th Anniversary and Welcomes New Management Committee Members

The Wolfsberg Group is proud to celebrate its 25th anniversary as a leading voice in the global fight against financial crime. The Group convened recently at Wolfsberg, where the organisation was founded, to reflect on the advances made by the Group in the fight against financial crime and the challenges to come.

Read more

2025 Wolfsberg Forum: From strategic alignment to operational gains

The 25th anniversary Wolfsberg Forum concluded on Friday, May 23, bringing together a select group of 100 leaders from around the world dedicated to disrupting financial crime. The Wolfsberg delegates were joined by public, private and civil society experts from Asia, Africa, the Middle East, Europe and the Americas to focus on resolving the core issues that continue to challenge the financial crime community.

Read more

The Wolfsberg Group elects a new Co-chair

Emma Molvidson, the Global Head of Financial Crime Prevention for UBS, has been elected as the new Co-Chair of the Wolfsberg Group, effective from January 1, 2025. Emma became the Global Head of Financial Crime Prevention at UBS in April 2023. She has held a variety of senior management roles at UBS over the past 14 years in Group Legal, the Investment Bank as well as leading Compliance & Investigations.

Read more

Wolfsberg Guidance on Payment Transparency - Roles and Responsibilities

Payments can flow in a variety of ways and involve many types of payment service providers, messaging systems and payment market infrastructures. This document provides an overview of the roles played by key actors in a payment chain.

Read more

Wolfsberg Group Response to FATF consultation on AML/CFT and Financial Inclusion - R.1, 10 and 15

The Group agrees with the FATF’s goal to create an anti-money laundering/countering the financing of terrorism (“AML/CFT”) regulatory environment that reinforces the risk-based approach while also supporting financial inclusion.

Read more

Wolfsberg FAQs on Defining Digital Assets

Agreeing on a common lexicon in the digital assets space continues to be a challenge. Today the Wolfsberg Group shares a collection of Frequently Asked Questions (FAQs) on Defining Digital Assets in an Emerging Financial Crime Compliance Risk Environment, which captures how the Group's members conceive of and conceptualise key terms associated with digital assets

Read more

French translation of the updated Wolfsberg Group Payment Transparency Standards

The Wolfsberg Group has just published the French version of its 2023 Payment Transparency Standards. Discover the full press release and the translated document below. Where a perceived difference exists between the English language original and the translation, the English language version prevails.

Read more

Appointment of the next Executive Secretary to the Wolfsberg Group

The Wolfsberg Group announces today the appointment of its next Executive Secretary, J. Edward 'Ned' Conway, effective November 1st. Mr. Conway was most recently the Group Head of Financial Crime Compliance Framework and Policies at Banco Santander.

Read more
See all newsSee all news