The FATF finds that countries have made "huge progress" in improving technical compliance, but many still face substantial challenges in taking effective action.
April 20, 2022Plenary adopts amendments to Recommendation 24, approves revised methodology for mutual evaluations, publishes draft guidance for real estate sector.
March 7, 2022The FATF action plan requires the Philippines to enhance and streamline law enforcement agencies’ access to accurate and up to date beneficial ownership information.
September 10, 2021A new team being formed under the Cabinet Secretariat may help overcome the current fragmented bureaucracy and enhance cross-agency coordination.
July 5, 2021Of the 40 recommendations, New Zealand is 'Compliant' on 21, 'Largely Compliant' on 7, and 'Partially Compliant' on 12.
April 30, 2021The APG says Pakistan has been re-rated from 'partially compliant' to 'compliant' on Recommendation 29 and has made progress on Recommendation 1.
October 18, 2020Pakistan has taken another step towards its removal from the FATF grey list with the passage of five new bills in the National Assembly.
August 18, 2020Financial institutions need to ensure that UBO information on customers is complete and accurate, but this is only half the battle, says Refinitiv’s Phillip Malcolm.
March 25, 2020FATF mutual evaluations have shown that many jurisdictions are still finding it challenging to ensure transparency of ownership of legal persons.
October 29, 2019