The decision enhances the country’s global reputation, strengthens confidence in its financial system and national framework for combating money laundering…reports Asian Lite News UAE President His Highness Sheikh Mohamed bin…
This collaboration aims to safeguard the integrity of the UAE’s financial ecosystem through enhanced policies, procedures, and controls to effectively manage the risks of money laundering and terrorist financing, the…
Sheikh Abdullah added, “The UAE’s economy is one of the fastest growing economies across the world…reports Asian Lite News The Financial Action Task Force (FATF), the international organisation in charge…
The announcement was made following FATF’s plenary meetings, held between 19th to 23rd February, in the capital of France, Paris. Financial Action Task Force (FATF), the international body that oversees…
The UAE said it looks forward to welcoming the FATF assessment team to the UAE, and further demonstrating the enhanced and sustained effectiveness of our AML/ CFT framework. The fourth…
Raja Kumar, President of the Financial Action Task Force (FATF) started his work as the chief of the world’s anti-money laundering and anti-terrorism financing agency on Friday. Indian origin Raja…
Pakistani authorities, had in the past claimed Sajid Majeed Mir had died, but Western countries remained unconvinced and demanded proofs of his death, reports Asian Lite News As Pakistani officials…
The ministers pledged to promptly implement the FATF’s global beneficial ownership rules to stop criminals from hiding their illicit activities and dirty money behind anonymous shell companies and other corporate…
Pakistan has been on the FATF’s grey list for deficiencies in its counter-terror financing and anti-money laundering regimes since June 2018, reports Asian Lite News The Paris-based Financial Action Task…
