Category: FATF
New FATF Priorities include targeting the Illegal Wildlife Trade
After an impressive year for FATF, under the US Presidency, which signed off last month, and concluded with the Florida Plenary, the Chinese Presidency now…
Crypto asks for more effective AML regulation – by Malcolm Wright
In February 2019, FATF issued its proposed recommendations for AML governance of the crypto industry. Under pressure from the international community, the FATF aimed to bring…
Virtual Currency is joining the FATF club
Virtual Currencies (VC) have come a long way in the 10 years since Bitcoin first emerged, born out of the financial crises and now a…
Modernising the Fight Against Financial Crime – Part 3 – by John Cusack
Having attended the FATF Consultative Forum on the 6-7th May, 2019, I was invited to present on “the latest trends / priorities in the Public…
FATF Country Evaluation Results – Part 2
It has already been reported in FATF Country Evaluation Results – Part 1 that over 70 Countries were assessed based on published FATF Reports and…
Selected Facts and Figures – from 2014
Key Facts and Figures on Financial Crime and contextual comparisons, from “Red Alert” published in 2014 (not yet updated) by John Cusack. Please contact the…
FATF News – An open ended Mandate
On 12th April, 2019, Ministers agreed an open ended mandate for the FATF, marking its 30 year anniversary. The indefinite extension which takes effect in…
FATF – Country Evaluation Results – Part 1
&With results on more than 70 Countries published and updated relating to technical compliance with the FATF 40 Recommendations as well as on effectiveness based…
EU Country Designations Rejected
In February, 2019 the EU Commission published a list of 23 Countries, which it believes have strategic deficiencies in their AML/CTF regimes and as such…
FATF Countries of Concern
Countries where FATF has called for counter measures remains unchanged with both North Korea and Iran still listed. That said counter measures on Iran had…
