JD Supra

FATF Re-Rates United States as “Largely Compliant” with Beneficial Ownership Recommendation

The Financial Action Task Force (“FATF”) has re-rated the U.S. as “largely compliant” with FATF’s Recommendation 24, which pertains to transparency related to beneficial ownership of legal persons.
Crowdfund Insider

Financial Action Task Force (FATF) Shares Update on New Zealand’s Progress on Addressing Money Laundering

The Financial Action Task Force (FATF) has recently shared New Zealand’s progress in its efforts focused on “strengthening measures to tackle money laundering and terrorist financing.” FATF noted in a ...
JD Supra

FATF updates standards on payment transparency

The Financial Action Task Force (FATF) has published revised standards and an accompanying explanatory note, updating its comprehensive framework on recommendations to strengthen global efforts in ...
CoinDesk

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Fewer than 30% of jurisdictions around the globe had started regulating the crypto sector as of June 2023, Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from ...
The Nation Newspaper

Nigeria gets five upgrades to exit FATF’s grey list

Nigeria has made significant strides in its fight against money laundering and terrorism financing by securing upgrades on five recommendations set forth by the Financial Action Task Force (FATF). The ...
The Nation Newspaper

Nigeria secures five upgrades en route to exiting FATF’s grey list

Nigeria has made significant strides in its fight against money laundering and terrorism financing by securing upgrades on five recommendations set forth by the Financial Action Task Force (FATF).