Tag: FATF
Interview with Absa’s Nic Swingler
On a recent visit to South Africa, Financial Crime News was delighted to meet with Nic Swingler Head Financial Crime Compliance at Absa Group Limited,…
Addressing the Remittance Challenge – By Aamir Hanif
“Addressing the Remittance Challenge – by providing greater access to Banking services through limited purpose accounts.” With the FSB amongst others concerned about access to…
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 takes steps towards FATF Recommendations Compliance – by Malcolm Wright
As promised Malcolm Wright provides an update to Financial Crime News on the Crypto Industry’s response to the challenge laid down by FATF to adopt…
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…
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…
Red Alert by John Cusack
I like to think of “Red Alert” as an 800 page plus private travel guide through the teeming jungle of crimes, risks, regions, countries, criminals,…
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 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…
