Three quarters of jurisdictions studied by FATF do not comply with anti-money laundering requirements in the field of virtual assets

Three-quarters of national jurisdictions surveyed by the Financial Action Task Force on Money Laundering (FATF) are partially or completely non-compliant with anti-money laundering guidelines for regulating virtual assets. This is stated in the Group's report.

FATF may return UAE to its gray list

The Financial Action Task Force on Money Laundering (FATF) may return the United Arab Emirates to the list of jurisdictions subject to enhanced monitoring, also known as the “grey list”. This was reported by Infolibre.

FATF has made major changes to its gray list

The Financial Action Task Force on Money Laundering (FATF), at its plenary meeting held in Singapore, made decisions on the status of Monaco, Venezuela, Turkey and Jamaica.

The EU Anti-Money Laundering Office has opened and is looking for a head

On June 26, 2024, the regulation establishing the EU Anti-Money Laundering Authority (AMLA) officially came into force. Reuters reports this.

AMLA's two main objectives will be EU-wide anti-money laundering supervision and support to national financial intelligence units in European countries.

FATF to remove Turkey from its “grey list” in the coming days

The Financial Action Task Force on Money Laundering (FATF) plans to remove Turkey from its “grey list” of jurisdictions subject to enhanced monitoring. Report news agency writes about this with reference to the Turkish publication Hurriyet.

British bank fined £ 264m for possession of laundered money

The Crown Court of Southwark (London, UK) fined NatWest (formerly Royal Bank of Scotland) £ 264 million for failing to prevent money laundering in the total amount of about £ 365 million. This case was the first of its kind in modern British history.

China's first digital yuan-based money laundering

Chinese authorities have arrested members of a criminal group accused of money laundering using the digital yuan.

A bank in Britain has pleaded guilty to failing to prevent money laundering

This is the first time a financial institution has faced criminal prosecution in the UK under the 2007 Anti-Money Laundering Act.

FATF greylisted Malta

Malta is on the gray list of the World Organization to Combat Money Laundering and the Financing of Terrorism (FATF). The authorities of the island state talk about the unfairness of the decision and the threat to the island's economy.

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