At the last general assembly meeting of the FATF, which was held with delegates from more than 200 jurisdictions between 14-17 June 2022, the sanctions to be applied to Russia, the evaluation of Germany and the Netherlands were discuss.
Don’t risk your business.
FATF shared a report on its updates regarding the examination of jurisdictions' implementations of Travel Rule and their improvements by focusing on VAs and VASPs.
FATF has published an evaluation report on Turkey's progress in strengthening measures to tackle money laundering and terrorist financing.
Philippines has been added to the FAFT’s gray list once more after failing to solve its deficiencies in the AML/CFT system of the country.
Businesses should scan their customers on Sanctions, PEP, and Wanted lists to meet their AML requirements.
The FATF blacklists and greylists check in promoting international cooperation against money laundering and terrorist financing is important for the international financial system. Discover how these lists work and the consequences of being included in them.
Sanction screening is necessary for companies to ensure they are in compliance with regulations and avoid processing transactions for individuals or entities that have been sanctioned.
The United Kingdom is one of the most important actors in the world of economy and finance. All institutions need to be aware of what HM Treasury does.
A sanction screening service is a tool that helps companies comply with regulations related to AML and KYC by detecting financial crimes. This service uses sanction lists, which are comprehensive lists of individuals, organizations, and countries that have violated regulations or international law, and have been sanctioned by governments or international organizations.