FATF announces the outcomes of latest Plenary

FATF members agreed to release, for public consultation, draft guidance on Rec. 24 to help countries and the private sector implement FATF’s strengthened requirements on beneficial ownership to prevent criminals from hiding illicit activity behind...

RUSI on problems with Economic Crime Policing

Economic crimes underpin serious organised crime; cybercrimes enable fraud. All these crimes intersect with local policing priorities like county lines and human trafficking. Despite the interlinking nature of the threat, economic crime suffers from a...

FATF summarises Plenary outcomes held in June 2022

FATF members approved a report that will help the real estate sector to better detect and prevent money laundering, and finalised a targeted update on implementation of the FATF requirements on virtual assets and virtual asset service providers….

FATF on jurisdictions with AML & other deficiencies

FATF does not call for the application of enhanced due diligence measures to be applied to these jurisdictions, but encourages its members and all jurisdictions to take into account the information presented below in their risk analysis…

FATF removes Malta from grey list and adds Gibraltar

FATF congratulated Malta for the significant progress it has made in addressing the strategic AML/CFT deficiencies previously identified by the FATF and included in its action plan. Malta will no longer be subject to the FATF’s increased monitoring...