The AML watchdog said 83% of surveyed jurisdictions have adopted the Travel Rule into law but warned that weak enforcement ...

In a new report published on Thursday, the Financial Action Task Force (FATF) highlighted that while more countries have introduced legislation to regulate virtual assets, many are still working on ...

The FATF has updated its monitoring lists, removing Algeria and Namibia while adding Bosnia and Herzegovina and Iraq. Myanmar's high-risk status is unchanged. The FATF urges due diligence while ...

A new FATF report highlights that while more countries have legislated to regulate virtual assets, implementation gaps still ...

Nigeria’s exit from the Financial Action Task Force (FATF) grey list marks a major milestone with significant economic benefits. For stakeholders, particularly businesses and bank customers, this ...

The Financial Action Task Force (FATF), the global watchdog on money laundering and terrorist financing, has formally invited Nigeria to participate in its consultative processes for one year under ...

The Financial Action Task Force (FATF) has updated its standards to ensure targeted anti-terrorism sanctions do not hinder humanitarian aid. Aligning with UN resolutions, these revisions aim to ...

The Financial Action Task Force (FATF) has issued its latest updates to the grey list and black list, removing four jurisdictions from increased monitoring while leaving the high-risk list unchanged.

The Federal Government has urged African countries to adopt a risk-based approach to implementing the Financial Action Task Force’s Recommendation 8, warning that excessive regulation of non-profit ...

The Financial Action Task Force has agreed to strengthen international cooperation to counter emerging financial crime risks involving virtual assets and decent ...

According to an official FATF statement, Recommendation 6 requires countries to implement targeted financial sanctions in line with United Nations Security Council resolutions (UNSCRs) related to ...