Money Service Business (MSB) Registries

• Lists licensed and registered MSBs, including any sub-agents and license particulars.
• Validates whether agents or sub-agents are operating under proper regulatory frameworks.
• Detects unregistered or unauthorized sub-agents who may be bypassing AML/CFT controls.

Contains official or government-run records listing licensed money service businesses (MSBs) and remittance providers, including their licensing status, ownership details, and operational scope. These records help identify and verify authorized MSBs used for alternative payment channels, enabling AML teams to detect illicit or unlicensed operations. Cross-referencing registration data with observed transactions helps pinpoint higher-risk or unauthorized service providers facilitating funds movement outside regulated banking systems.

• Data Provided: Official listings of licensed money service businesses or remittance providers, including their licensing status, registration numbers, and operational details.

• Direct AML Relevance: Enables financial institutions to identify unregulated or informal brokers facilitating Black Market Peso Exchange, as they often operate outside official licensing frameworks and are used to bypass currency controls.

• Lists officially licensed or regulated money remitters, including their operational details.
• Aids in detecting unregistered or informal money transfer providers commonly used for laundering smaller proceeds from street-level offenses.
• Supports better scrutiny of remittance flows and helps flag irregular cash movements via unlicensed entities.

Official or government-run registries of licensed MSBs include licensing status and operational details. Cross-referencing an MSB’s declared operations and ownership with these registries helps detect unlicensed or fraudulently acquired licenses, identifying potential front or controlled MSBs used for illicit transactions.

• Lists licensed money remitters, exchange houses, and payment service providers, including licensing status and operational details.
• Reveals whether agents in multiple jurisdictions operate under valid MSB licenses or function illegally.
• Supports investigations by cross-referencing suspicious remittance patterns with noncompliant or unregistered MSB entities.

Provides official or government-run registries listing licensed and authorized remittance providers, including their licensing status and operational details. This data helps identify unlicensed or suspicious MSBs potentially engaged in hijacking legitimate inbound transfers, a central tactic of cuckoo smurfing.

• Lists licensed or registered currency exchange and money service providers, including their authorization status.
• Identifies unlicensed or rogue exchange offices that may facilitate illicit conversions.
• Helps monitor compliance requirements for regulated MSBs, detecting those with potential AML lapses.

Contains official licensing and operational details of MSBs, enabling the detection of customers who use multiple remittance providers to bypass monitoring thresholds or obscure the overall volume of disguised remittances.

• Lists registered or licensed remittance and money service providers.
• Helps identify unlicensed or suspicious third-party remitters potentially used to deposit or move funds through funnel accounts, especially across borders.
• Allows compliance teams to check if frequent cross-border transfers involve regulated MSBs or unregistered entities, indicating heightened funnel-account risk.

Official or government-maintained lists of licensed money service businesses are essential. Checking these registries helps identify unlicensed hawaladars operating outside regulatory purview, enabling AML teams to spot unauthorized remittance activity indicative of hawala networks.

Lists licensed money service businesses with their licensing status and operational details. Validating whether an MSB is registered or has any red flags helps uncover unlicensed or complicit providers supplying large-denomination notes for illicit cross-border transport.

• Provides official licensing and regulatory status of payment institutions, including sub-agents and remittance providers.
• Supports verification of whether sub-agents are legally registered or exceed permitted scopes under the principal license, preventing unlicensed or white-labeled providers from operating illegally.

• Provides official listings and licensing status of money service businesses and remittance providers.
• Identifies unlicensed or unregistered entities operating as informal micro-finance or remittance channels, revealing gaps in AML oversight.

• Contains official licensing and registration information for money service businesses.
• Verifies whether hawala or underground remittance providers have legal authorization, helping identify unregistered IVTS operations.
• Supports AML investigators in confirming the legitimacy of purported MSB activities.

• Lists licensed MSBs and remittance providers with details on operational status and regulatory compliance.
• Aids in identifying unregistered remittance channels or suspicious MSBs frequently involved in smuggling fee transactions.

Contains official licensing and registration information for money service businesses, including mobile payment and remittance service providers. By verifying regulatory compliance status, investigators can identify unregistered or illegally operating mobile payment entities that may facilitate illicit fund movements and layering activities.

Lists licensed and regulated money service businesses, helping to identify if laundering schemes involve unlicensed or poorly regulated operators. Frequent cross-currency swaps conducted via questionable MSBs are a common tactic in advanced layering scenarios.

• Provides official information on licensed money service businesses, including their licensing status and operational details.
• Assists in confirming whether customers are using unlicensed or lesser-regulated MSBs.
• Aids in detecting structured transactions and the frequent use of unregulated entities for repeated currency exchanges.

• Lists licensed MSBs and check-cashing services, detailing their locations and licensing status.
• Validates whether payroll checks are being cashed through legitimate channels or circumventing standard payroll systems.
• Reveals patterns of high-volume cash-outs at MSBs that may indicate unreported wage payments.

• Lists licensing, location, and operational details of registered remittance and money service providers.
• Confirms whether transfers are conducted through properly licensed or potentially unregistered/loosely supervised MSBs.
• Helps identify the use of multiple or regional remittance businesses in structuring illicit proceeds.

• Lists licensed money service businesses and associated registrations, including ownership and operational scopes.
• Identifies whether the same individual or entity is using multiple MSBs for repeated sub-threshold transactions that collectively exceed reportable limits.
• Aids in determining if reported MSB usage aligns with the customer’s declared profile and accounts, revealing potential structuring activity.

• Provides official listings of licensed MSBs, including their licensing status and operational details.
• Allows verification of whether an entity is absent from the registry, indicating potential unlicensed MSB activity.
• Facilitates detection of MSBs circumventing AML requirements by operating without proper authorization.