🔍 FATF June 2024 Update 🔍 The FATF has announced updates to its list of jurisdictions under increased monitoring. Here are the details: New Jurisdictions under Increased Monitoring: 🚨 Monaco 🚨 Venezuela Jurisdictions No Longer Subject to Increased Monitoring: 👏 Jamaica 👏 Türkiye For the full release refer to: https://lnkd.in/dHNyWGr7 It is pertinent to note that risks must be seen in context as well as to keep abreast of other jurisdictional lists such as the EU list of high-risk third countries in terms of AML/CFT regimes: https://lnkd.in/daVSwigh #FATF #AML #CFT #Jurisdiction #Risk #GlobalUpdates
AML/CFT Compliance Solutions by Diligex’s Post
More Relevant Posts
-
Fresh AML newsletter from the EBA, with a nice recap on last months progress: extension of the ML/TF risk factors guidelines to crypto-asset service providers, near-finalisation of the travel rule guidelines and how the EBA will contribute to the issuance by the AMLA of its future guidelines implementing the new AML package (target for reverting to the EU Commussion is 31 October 2025)…. https://lnkd.in/ekzGhCBr #FCC #afc #aml #financialcrimecompliance
-
On 28 June 2024, the Financial Action Task Force (FATF) placed Monaco under increased monitoring or a “grey list” of countries with “strategic deficiencies” in their AML/CTF regimes. Find out what the greylisting could mean for family offices in Monaco. Click the article linked in our comments section. #Monaco #familyoffice #FATF #greylist #AML #CFT #compliance #BolderGroup #BolderLaunch #BGALaw
-
This is the 13th annual Public Edition report of the #Basel AML Index, an independent, data-based ranking and risk #assessment tool for #money laundering and related financial #crime risks around the world. The Basel AML Index provides risk scores for countries and #jurisdictions based on data from 17 publicly available sources such as the Financial Action Task Force (FATF), Transparency International and the Global Initiative against Transnational Organized Crime. #antimoneylaundering #AML #moneylaundering #dirtymoney #CFT #counterterrorismfinancing #financialcrime #financialcrimes #compliance #complianceofficer #duediligence #terroristfinancing #pep #sanctions #audit #FinancialIntelligenceUnits #FIU #SuspiciousActivityReport #cdd #kyc #regulations #CFP #risk #riskmanagement #investigation #monitoring #fatf
-
In a recent update from SEBI, the new 'Guidelines on Anti-Money Laundering (AML) Standards and Combating the Financing of Terrorism (CFT)' have been released, marking a significant shift from the 2023 regulations. Authored by our associate Mr. Aditya Gupta, these guidelines set a new standard for securities market intermediaries. They introduce a thorough framework for client due diligence and risk management, crucial for maintaining the integrity of financial transactions. This update not only tightens security protocols but also aligns India more closely with international AML standards, reflecting a committed stance against financial crimes. Read the full article here: https://lnkd.in/gY5DWnzF #MetalegalAdvocates #MetalegalUpdate #SEBI #AML #CFT #AntiMoneyLaundering #Compliance #FATF #MoneyLaunderingPrevention #LegalUpdate
-
-
🔍 Key Outcomes: FATF October 2024 Plenary - Part 1 The #Financial Action Task Force (FATF) recently concluded its latest #Plenary session, highlighting crucial developments in global AML/CFT efforts. As your trusted #AML/CFT partner, CASS brings you vital updates from this significant meeting. Stay tuned for Part 2 of our FATF Plenary coverage. #CASS #FATF #AML #CFT #Compliance #RegulatoryCompliance #AMLCompliance #FinancialServices
-
FATF Plenary Meeting Highlights (June 2024) : Key takeaways : Turkey 🇹🇷 and Jamaica 🇯🇲 have successfully exited the FATF "grey list" due to their strengthened AML/CFT frameworks. Monaco 🇲🇨 and Venezuela 🇻🇪 have been added to the grey list as they require improvements in their AML/CFT measures. #FATF #GreyList #FinancialMonitoring #AML #CFT #Compliance #FinancialStability
-
fyi -FATF - AML/CTF Consolidated assessment ratings has been updated The table provides an up-to-date overview of the ratings that assessed countries obtained for effectiveness and technical compliance (last updated on 19 December 2024) Further information are available below 👇🏻 https://lnkd.in/epZEUbtP Palana #amlctf #aml #countryriskassessment #fatf #palana
Consolidated assessment ratings
fatf-gafi.org
-
The AML/CTF Advisers’ Forum 2024 highlighted AUSTRAC’s focus on strengthening compliance, improving reporting, and addressing emerging financial crime risks. For AML Assist clients, this means learning to stay proactive, agile, and compliant in a changing landscape. Our team ensures you’re equipped to meet regulatory priorities, implement risk-based approaches, and adapt to AUSTRAC’s evolving expectations. Ready to start planning your approach to the changing regulations? Let’s talk: https://loom.ly/P3wAEJk #AMLAssist #AMLCTF #AUSTRAC
AML/CTF Compliance Services | AML Assist
https://amlassist.com.au
-
📢 The FIAU highlights the latest FATF reports on 'High-Risk Jurisdictions' and 'Jurisdictions under Increased Monitoring' issued on June 28, 2024. Stay informed about countries with significant AML/CFT deficiencies and those under increased scrutiny. Ensure compliance with Regulation 11 of PMLFTR and Chapter 8 of FIAU Implementing Procedures Part I. 🌐🔍
-
-
Governance||Risk Management||Compliance||Data Protection||Information Security||Mentor||Tutor
#MoneyLaundering & #TerroristFinancing: Consolidated assessment ratings Through its nine Financial Action Task Force (FATF)-Style Regional Bodies (FSRBs), the Financial Action Task Force (FATF) brings together a global network of 205 jurisdictions that have each committed at the highest political level, to implementing the FATF Recommendations https://lnkd.in/dc-Rx8NU Financial Action Task Force (FATF) and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice, and how well they have implemented the technical requirements of the Financial Action Task Force (FATF) Recommendations. This table provides an up-to-date overview of the ratings that assessed countries obtained for effectiveness and technical compliance (last updated on 19 December 2024). ACCOBIN Association of Chief Compliance Officers Super Pearls Professionals
