FATF president T Raja Kumar said there needs to be a major mindset and culture shift to focus on asset recovery as a national law enforcement priority.
September 21, 2023The G20 finance ministers and central bank governors will meet again next month to take the IMF-FSB crypto regulatory roadmap forward.
September 12, 2023The joint report says comprehensive regulatory and supervisory oversight of crypto-assets should be a baseline to address macroeconomic and financial stability risks.
September 8, 2023The FCA said it will take "prompt action" if any significant deficiencies are identified in the arrangements of any firm assessed in the review.
September 8, 2023A key and "almost universal" element of money laundering associated with tax crimes is the concealment of beneficial ownership, APG says in a new report.
September 6, 2023The UK is now one of several jurisdictions to have now implemented the travel rule for the crypto sector.
September 5, 2023Public access to the beneficial ownership register will be enabled, but only after there is clarity on the effect of the CJEU's November 2022 ruling.
September 4, 2023Clare Rowley explores how the LEI is uniquely positioned to strengthen the fight against international financial crime.
September 1, 2023The report notes that Brunei has a new framework on beneficial ownership transparency, but that it is experiencing implementation challenges.
August 31, 2023Laos is rated "non-compliant" on nine of the FATF's 40 recommendations, and "partially compliant" on 22 recommendations.
August 30, 2023