The Directorate General for Legal Administration of the Indonesian Ministry of Justice held a forum
dedicated to international legal cooperation. This was reported by the official information sources of the ministry.
The Financial Action Task Force (FATF) has reduced its “grey list” and discussed measures to address new challenges in financial crime, according to the official FATF portal.
Offshore structures have not disappeared — but they are transforming to survive amid the implementation of international financial transparency standards.
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.
The Grand Duchy of Luxembourg is creating a special department to combat money laundering. The corresponding decision was made by the country's parliament. This is reported by the Luxembourg Times.
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.
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.
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.
