The world is awash in dirty money — and criminals who are constantly finding new ways to hide their loot in real estate, art, securities, cryptocurrencies and old fashioned bank accounts. Policing the ...

“Our commitment to align with the Financial Action Task Force’s (FATF) recommendations underscores ... She said the amendments to Part 1 of the Act which covers clauses 1 to 4 is meant to ...

Dubai has rapidly emerged as a global hub for cryptocurrency and blockchain technology, attracting investors, entrepreneurs, ...

Pass rates —the percentage of users who successfully pass verification, excluding fraudulent attempts — have also increased. Notably, Hong Kong has achieved the highest pass rate globally, at 98%.

These amendments will commence on 1 April 2023; and the Financial Sector Regulation ... relating to the adequacy of laws and legal frameworks related to the 40 FATF Recommendations that were ...

Prime Minister Modi and President Macron launched an India-France Roadmap on Artificial Intelligence (AI), rooted in the ...

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 ...

The Executive Committee for the Coordination of Policies to Prevent and Combat Money Laundering and Terrorism says that Mozambique has already complied with 25 of the 26 recommendations of the ...

The FATF comprises 39 member countries and territories, including the Group of Seven nations, and issues recommendations on measures against money laundering and terrorist financing, such as ...

“Through this information, through the adaptation that we are making to the database, we will be able to obtain a minimum of 10% of the definition of institutions that fall under FATF Recommendation 8 ...