US Treasury on illicit finance in high-value art market

The Treasury published a study on the facilitation of ML/TF through the trade in works of high-value art, which examined art market participants and sectors of the high-value art market that may present ML/TF risks to the U.S. financial system, and identified...

FATF cross border payments survey results

The survey results highlight, among others, that lack of risk-based approach and inconsistent implementation of the AML/CFT requirements increases cost, reduces speed, limits access and reduces transparency. Inconsistent national approaches also create obstacles in...