FATF to send review team to PH in May

India's 'Aadhar' programme has been praised by the FATF here which said the initiative will not only ensure "financial inclusion" for its teeming population but also tighten anti-money laundering measures in the country. "If successfully implemented, it ...

The most critical revisions to the FATF's Recommendation are seen in Recommendations 1 & 2, where Recommendation 1 requires The Bahamas, to identify, assess and understand the money laundering and terrorist financing risks in the country and to ...

Yes, Specific Ethics

Despite its global policymaking role, there is no intergovernmental convention underpinning the activities of the Financial Action Task Force. A powerful yet unaccountable global standardsetting body is helping repressive civil society regulations ...

Financial Compliance Regulations | Anti Money Laundering | Money Laundering Cases | Money Laundering Training | Banking Regulations | Changes in

Yes, Specific Ethics

In accordance with the process and procedures of the 3rd round of Mutual Evaluations, FATF members are required to provide biennial updates on the measures they have implemented to deal with the shortcomings that were identified in their mutual ...