Normas para la aplicación de la Política de Lucha contra el Blanqueo de Capitales y la Financiación del Terrorismo

The GCF's implementation standards for its Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Policy outline a risk-based framework for managing financial integrity. The standards mandate rigorous counterparty due diligence, annual institutional risk assessments, and the monitoring of financial transactions. They define specific high-risk categories—such as politically exposed persons and shell banks—and prohibit relationships with unregulated money transfer agents or anonymous accounts. The Independent Integrity Unit (IIU) is tasked with overseeing the program, conducting investigations, and managing the reporting of suspicious activities to competent authorities. Additionally, the GCF provides capacity-building support to counterparties to strengthen their own AML/CFT controls.

• The GCF implements a risk-based approach to manage money laundering and terrorist financing (ML/TF) risks, which includes an annual institutional risk assessment to identify residual risks and a risk-based cycle for reviewing counterparty due diligence.
• Counterparty Due Diligence (CDD) must be completed and approved before any contractual relationship begins or any funds are disbursed. The GCF identifies specific high-risk categories requiring stricter verification, including politically exposed persons (PEPs), financial institutions providing correspondent banking, and non-profit organizations.
• The GCF strictly prohibits engaging with certain entities, including shell banks, unlicensed banks, unregulated money or value transfer service providers, and financial institutions that issue bearer shares or maintain anonymous accounts.
• The Independent Integrity Unit (IIU) is responsible for overseeing the AML/CFT Program, conducting investigations, and recommending improvements. The IIU manages the reporting of suspicious activities, which the GCF Secretariat may then disclose to national Financial Intelligence Units.
• The GCF provides capacity-building and training to counterparties who lack sufficient knowledge to manage ML/TF risks, offering support in policy development, technical training on compliance programs, and the exchange of market information.
• The GCF relies on accredited entities and executing partners to perform due diligence on underlying counterparties, though it maintains the right to supervise these measures and request identification documents.

APA

Green Climate Fund (n.d.). Normas para la aplicación de la Política de Lucha contra el Blanqueo de Capitales y la Financiación del Terrorismo. https://www.greenclimate.fund/sites/default/files/document/es-standards-aml-cft-policy.pdf

Chicago

Green Climate Fund. Normas para la aplicación de la Política de Lucha contra el Blanqueo de Capitales y la Financiación del Terrorismo. n.d. https://www.greenclimate.fund/sites/default/files/document/es-standards-aml-cft-policy.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Normas para la aplicación de la Política de Lucha contra el Blanqueo de Capitales y la Financiación del Terrorismo |url=https://www.greenclimate.fund/sites/default/files/document/es-standards-aml-cft-policy.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefundndnormas, author = {{Green Climate Fund}}, title = {{Normas para la aplicación de la Política de Lucha contra el Blanqueo de Capitales y la Financiación del Terrorismo}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/document/es-standards-aml-cft-policy.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }