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Richard L. Cassin Publisher and Editor

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Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Financial Action Task Force (7)

Monday
Dec052016

Shah and Heywood: FATF report finds U.S. weak on transparency of beneficial ownership

You arrive in a new city on a rainy day and check into your top floor hotel room, only to find the roof is leaking.

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Thursday
Jun252015

TI critiques UK anti-money laundering enforcement

This month, Transparency International published its survey of the UK’s AML enforcement and confiscation systems, particularly in relation to Financial Action Task Force (FATF) defined “grand corruption” (bribe-taking or kickbacks, extortion, self-dealing, conflicts of interest, and embezzlement from the national treasuries).

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Tuesday
Nov112014

It's not hard: How the G20 can jumpstart ‘beneficial ownership’ disclosure

Transparency International's open letter to the G20 leaders requiring transparency of ownership ought really to be pushing at an open door. Particularly so, in the light of the Financial Action Task Force's Recommendations 24 and 25 (published in 2003 and updated in 2012) which require member countries to ensure that accessible information can be obtained and exchanged on beneficial ownership of legal persons and trusts/arrangements.

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Monday
Jun302014

Global watchdog tells Japan to get serious about money laundering 

Japan has not done enough to combat money laundering, an international watchdog said on Friday, urging the government to adopt measures such as legislation that criminalizes terrorist financing.

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Friday
Jun272014

Afghanistan tries to avoid FATF blacklist, and South Korea is cleared

Hamid Karzai, courtesy of News Loop Top News via YouTubeAfghan president Hamid Karzai said Wednesday that he signed a key package of legislation aimed at combating financial crime, making it less likely the country will be added to the Financial Action Task Force's blacklist this week.

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Wednesday
Mar122014

EC proposes stricter AML rules

José Manuel Barroso, President of the European Commission (image courtesy of the EC)The European Commission issued two proposals Tuesday to respond to new threats from money laundering and terrorist financing.

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Thursday
Feb202014

Financial Action Task Force: These nations have AML deficiencies 

The Financial Action Task Force (FATF) identified jurisdictions that have strategic deficiencies in their anti-money laundering and financing of terrorism controls in a public statement last Friday.

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