The AMLC has partnered with AML Analytics as its testing and validation partner to conduct a thematic review of customer- and transaction-screening systems at FIs and DNFBPs.
April 26, 2022Senate committee warns that the government's failure to bring lawyers, accountants and real estate professionals into the AML/CFT regime is harming Australians.
April 1, 2022The deadline for DNFBPs to formulate a money laundering and terrorism financing prevention programme has been extended to June.
March 10, 2022Plenary adopts amendments to Recommendation 24, approves revised methodology for mutual evaluations, publishes draft guidance for real estate sector.
March 7, 2022The bill, if passed, will help fulfill a nearly 16-year-old commitment to bring gatekeeper professions within Australia's AML regime, and require the establishment of a public UBO register.
February 14, 2022Licensing will be available to companies incorporated elsewhere as long as they have a registration in Hong Kong.
February 11, 2022Gatekeeper professions play an important role in facilitating North Korean sanctions evasion, RUSI says in a new paper.
January 7, 2022Marcus Pleyer said "there is no discussion on blacklisting Pakistan" as its government has demonstrated a "clear commitment" and is cooperating with the FATF.
October 22, 2021The FATF proposes countries be required to assess the AML/CTF risks associated with foreign-created legal persons, and take steps to manage and mitigate them.
October 22, 2021The FATF acknowledges work underway to revise China's AML laws to bring DNFBPs into scope and set a foundation for a new beneficial ownership regime.
October 11, 2021