Tag: fatf

Global anti-money laundering watchdog FATF calls on India to boost bank scrutiny for politicians: Sources
Posted in Economy

Global anti-money laundering watchdog FATF calls on India to boost bank scrutiny for politicians: Sources

The Financial Action Task Force (FATF) global anti-money laundering watchdog has asked India to improve due diligence on the bank accounts of local politicians, government…

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Posted in Economy

India Anti money laundering law: Anti-money laundering law ambit widened: A look at the changes

India has widened the ambit of anti-money laundering law by bringing in new reporting entities, and changed the way financial transactions are recorded, giving more…

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Pakistan violates FATF redline by letting JeM seek funds for jihad
Posted in Pakistan News

Pakistan violates FATF redline by letting JeM seek funds for jihad

ISLAMABAD: An UN-proscribed global terrorist group Jaish-e-Mohammad (JeM), openly sought funds for jihad in Peshawar and other cities during the Eid celebrations. By letting this…

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Fatf: Myanmar continues to be in FATF black list; UAE, Turkey in Grey List
Posted in Rest of World News

Fatf: Myanmar continues to be in FATF black list; UAE, Turkey in Grey List

NEW DELHI: Myanmar along with Iran and North Korea continue to be in the ‘Black List’ of the FATF with the global watchdog on terror…

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Financial crime watchdog FATF says it suspends Russia over Ukraine war
Posted in Europe News

Financial crime watchdog FATF says it suspends Russia over Ukraine war

PARIS: Global financial crime watchdog Financial Action Task Force (FATF) on Friday suspended Russia‘s membership, saying Moscow’s war in Ukraine violated the body’s principles.“The FATF…

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