For more than three decades, the Paris-based Financial Action Task Force has been confronting the challenge of illicit finance. The threat of ending up on the FATF’s watchlist has been enough to spur ...

Trade-based money laundering (TBML) can occur in various sectors, but certain industries are at higher risk due to factors such as the complexity of their supply chains, high transaction volumes, and ...

Nepal is once more at risk of being greylisted by the Financial Action Task Force (FATF) due to its inability to rectify significant deficiencies in its anti-money laundering (AML) and ...

Labor leader Michael Cabangon is the 12th person in Northern Luzon to be formally accused under the anti-terrorism law since ...

BAKU, Azerbaijan, February 12. Iran weighs up approval of the Financial Action Task Force (FATF) conventions as a way to ...

The Mozambican anti-corruption NGO, the Centre for Public Integrity (CIP), has warned that the country may not come off the Financial Action Task Force (FATF) “Grey List” at the end of March this year ...

Failure to implement FATF recommendations will lead to a country getting on the blacklist, which has more daring consequences. Foreign investors may view such countries as high-risk, leading to ...

Mozambique may soon be removed from the Financial Action Task Force's (FATF) "grey list". The government claims that it has already complied with almost all of the international organization's ...

This article explores the recent changes to the FIC Act and the implications for Trust and Company Service Providers in South ...