The department has warned that non-compliant NPOs face severe consequences, including losing privileges such as tax exemption ...

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 ...

ISLAMABAD: Non-filers can 'buy' properties worth Rs10 mln as the task force on the revival of the real estate and construction sector has finalized its ...

“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 ...

This is part of FATF’s programme of work to address the unintended consequences of AML/CFT measures. The revisions focus on Recommendation 1 and its Interpretive Note, with corresponding changes ...

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%.

The Expert Council on NGO Law of the Conference of INGOs of the Council of Europe has published its fifth review of ...

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 ...

Sri Lanka’s third evaluation on AML/CFT framework, which is to assess the country’s efforts to combat money laundering and ...