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 ...

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 ...

These inconsistencies illustrate that the actions of FATF are frequently influenced by political factors rather than authentic financial risk evaluation. A significant concern regarding FATF is ...

Countries are often added to the Financial Action Task Force (FATF) grey list due to deficiencies ... Financial institutions may choose to "de-risk" by severing business ties with these nations ...