Only 1 week left to comment on proposed amendments to FATF's Recommendation 16.

📅 Deadline for comments: 3 May

See details of the public consultation fatf-gafi.org/en/publication…
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International cooperation in action!

#G20 #IMFMeetings

“Depriving criminals of ill-gotten gains crucial to fighting scourge of #MoneyLaundering and financial crime,” said FATF President T. Raja Kumar. “Illicit finance erodes integrity of international financial system.” fatf-gafi.org/content/fatf-g…

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FATF Ministers agreed Declaration on strategic priorities to strengthen global implementation of the
FATF Standards to stop illicit finance that fuels crime, terrorism, proliferation, corruption. fatf-gafi.org/content/fatf-g…
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Persistent challenges loom as many nations grapple with fighting money laundering, terrorist financing, and WMD financing. Tomorrow, FATF Ministers convene to renew their dedication to combatting these crimes effectively. #FATF #AML #Counterterrorism #Followthemoney

“Looking forward to meeting Ministers at Spring Meeting in DC. We need to work together to protect integrity of financial system and inclusive growth from being undermined by money laundering.” T. Raja Kumar
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FATF Ministers meet this week in Washington DC to discuss global efforts to combat #MoneyLaundering , #terroristfinancing and #proliferationfinancing . At the biennial meeting, Ministers to approve FATF’s future strategic direction.

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Listen to new podcast about recent FATF-OECD report on misuse of the citizenship and residency by investment programmes 🎙soundcloud.com/user-45942002/…
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“We can only succeed if we are united in this fight against financial crime,” said FATF President T. Raja Kumar at the FATF’s annual Private Sector Consultative Forum on 4th and 5th April 2024 in Vienna, Austria. Read more at fatf-gafi.org/en/publication…
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FATF regional partner CFATF seeking Law Enforcement Advisor and an AML/CFT/CPF Coordinator.

For details and how to apply: cfatf-gafic.org/home/cfatf-vac… (deadline 30 April) & cfatf-gafic.org/home/cfatf-vac…(deadline 26 April).

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FATF President T. Raja Kumar 'Our goal is to establish a level playing field, globally, so that the industry is meeting its regulatory obligations and reduce opportunities for criminals to abuse the sector.' fatf-gafi.org/en/publication…
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In a report published today, FATF announced that the US has been upgraded to 'largely compliant' with a key international standard for beneficial ownership transparency. The report highlights Treasury's historic efforts to counter illicit finance.

home.treasury.gov/news/press-rel…

Global money-laundering watchdog FATF head T. Raja Kumar issued a 'call to action' for nations after FATF's new report found that less than 30% of jurisdictions have started regulating the crypto sector as of June 2023.

trib.al/nweIIvD

Read about steps FATF members, plus other jurisdictions with most materially important Virtual Asset activities, have taken to regulate Virtual Asset Service Providers. Read more fatf-gafi.org/content/fatf-g…
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Environmental crime, such as illegal logging, is one of the most profitable criminal enterprises, generating around USD 110 to 281 billion in criminal gains each year. Find out more
fatf-gafi.org/en/topics/envi…
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A new report by FATF regional partner MONEYVAL analyses Serbia's efforts to tackle #MoneyLaundering and #terroristfinancing . For more information and to download the full report, see lnkd.in/g66hCHwU
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Keen to hear from the private sector, especially payment industry, on proposed amendments to FATF's Recommendation 16.

📅 Deadline for comments: 3 May

See the details of the publication consultation at: lnkd.in/eaWtb_Jc

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New report by FATF regional partner MONEYVAL analyses Slovak Republic's efforts to tackle #MoneyLaundering and #terroristfinancing . For more information and to download the full report, see fatf-gafi.org/content/fatf-g…
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FATF President T. Raja Kumar attended the Global Fraud Summit in London. 'Criminals operate at the speed of money, law enforcement agencies operate at the speed of the law' he told Ministers. See gov.uk/government/pub…
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FATF has updated its risk-based guidance on beneficial ownership and transparency of legal arrangements to help assess and mitigate money laundering and terrorist financing risks. See fatf-gafi.org/content/fatf-g…
#MoneyLaundering #terroristfinancing #Followthemoney