CAFP case studies
CAFP · Put your knowledge to work in context.
The Certified Anti-Money Laundering and Financial Crimes Prevention Professional (CAFP) is a professional credential for practitioners who need working command of anti-money laundering and financial crime prevention: analysts, compliance and risk officers, investigators, auditors, onboarding and KYC specialists, and staff moving into financial intelligence roles. It signals that a holder can apply the international standards framework and the legal architecture behind it to real customer files, alerts, and reports rather than merely recite definitions. The CAFP case studies are 5 cases and about 3,275 words.
1The Layered LP: Nominee Directors and the 25% Threshold
Meridian Payments Ltd, a US money services business, is onboarding Kestrel Capital Holdings LP, a Cayman Islands exempted limited partnership formed 14 months ago. The general partner is Kestrel GP Ltd (BVI), whose sole director is a nominee provided by a licensed trust and corporate services provider (TCSP); no individual director is named.
755 words, about 4 min2The 49 Percent Question: Aggregation Under the OFAC 50 Percent Rule
Volga Petrochemical Trading FZE, a Jebel Ali free-zone company, presents a $3.2 million standby letter of credit reimbursement to Northgate Bank's trade finance desk. The payment is in US dollars, routed through Northgate's New York correspondent, and relates to polymer resin (HS 3901) shipped from India to Turkey.
665 words, about 3 min3The 850,000 USDT Wallet: Mixers, Self-Hosted Wallets and a UAE Wire
Tomas R., 24, a software developer who declared 95,000 annual income, has been a customer of a US-licensed crypto exchange for seven months. Over nine days, his hosted wallet receives 14 inbound transfers totaling 850,000 USDT from 11 self-hosted wallets, in amounts between 40,000 and 120,000.
663 words, about 3 min4The $9,400 Laundromat: Structuring, CTR Aggregation and Teller Notes
BrightWash LLC operates three coin-laundry and car-wash locations and has banked with Riverbend Community Bank for 11 years. Its average monthly cash deposits are 38,000 and its tax returns show 1.1 million in annual revenue.
599 words, about 3 min5The 42% Backlog: Governance and Remediation at a Money Transmitter
Pangea Pay is a US money transmitter with 14,000 agents, $2.1 billion in annual volume, and six transaction-monitoring analysts. Its BSA officer resigned five months ago; the interim BSA officer is the corporate controller, who has no AML background.
593 words, about 3 min