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 ...

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 ...

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 ...

This session explored the importance of developing and implementing laws to criminalize the financing of terrorism, particularly in relation to the FATF's Recommendations 6 and 7. These ...

The revisions focus on Recommendation 1 and its ... was removed from the EU AML list, effective 7 February 2024 following the decision of the FATF monitoring group and subsequent removal from ...

Failure to implement FATF recommendations will lead to a country getting on the blacklist, which has more daring consequences.\xa0 Foreign investors may view such countries as high-risk ...

In a crackdown on non-compliance, the Department of Social Development has deregistered 6,221 non-profit organisations (NPOs) ...

Sri Lanka's central bank has mopped up 900 billion rupees of liquidity in 2024, operating broadly deflationary policy, ...

Sri Lanka has sold 18 billion rupees of treasury bills offered on tap at average rates of 7.79%, 8.00% and 8.43%, the state debt office said.

As a result, Bitcoin will likely remain capped at just 7 transactions per second over ... is already in use in the AML world. The FATF’s recommendations are now adopted by over 200 countries ...