AML Regulatory Scope

Develop a comprehensive framework for evaluating and updating financial crime regulations to improve anti-money laundering and counter-terrorism finance efforts. Address the scope of coverage (financial institutions, non-financial channels), risk-based approaches, enforcement mechanisms, international cooperation, and technology-enabled monitoring. Propose a staged plan for reforms, with metrics to assess effectiveness, unintended consequences, and compliance burdens for different sectors. Include governance and oversight recommendations for regulators.