India's Bid to Isolate Pakistan at FATF Fails
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9 Articles
India's bid to isolate Pakistan at FATF fails
India's efforts to push Pakistan back onto the Financial Action Task Force (FATF) grey list have once again failed, as the money laundering watchdog opted instead to keep the country under a "reporting" mechanism rather than downgrading its status, informed sources have revealed. Pakistan was placed on the FATF's increased monitoring list (also known as the grey list) in 2018 due to concerns about its anti-money laundering (AML) and counter-terr…
A new list of countries posing a high and increased risk of money laundering or terrorist financing has been published. Bolivia and the British Virgin Islands have been added to the Financial Action Task Force (FATF) list of countries with strategic deficiencies in the area of anti-money laundering and terrorist financing, for which stricter monitoring is carried out, and Croatia, Mali and Tanzania have been removed. The British Virgin Islands a…
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