The working group was formed in April and has met five times since to consider and approve revisions to the IVMS101 standard.
July 19, 2023A delegation from the UAE participated as an observer in the APG forum in Vancouver earlier this month. Other observers include the UK, France, and Germany.
July 13, 2023The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.
July 7, 2023FATF would scale up its fight against financial crime and bring comfort to victims through better asset recovery.
July 6, 2023The proposed amendments seek to address issues related to the over-application of preventive measures to the NPO sector, which hinders genuine non-profit activity.
July 1, 2023The latest FATF review on country compliance finds that markets are continuing to struggle with FATF requirements to regulate virtual asset service providers.
June 28, 2023AUSTRAC to develop national risk assessment on terrorism financing by late 2023, and on money laundering by early 2024.
June 28, 2023AML think tank Themis says the threat Russia poses to the integrity of the global financial system has been increasing.
June 28, 2023Infrawatch PH says exhibiting leniency toward unregistered crypto exchanges risks the Philippines remaining on the FATF gray list.
June 27, 2023The FATF will publish on 27 June its fourth update on the implementation of the recommendations on virtual assets and VASPs.
June 26, 2023