FATF SEEKS EXTRA INPUT ON DEVELOPMENT OF MULTI-JURISDICTION AML INFORMATION SHARING WITHIN PRIVATE SECTOR
July 1st, 2017
THE FINANCIAL Action Task Force (FATF) has asked anti-money laundering (AML) specialists for additional advice on developing its new guidance on AML information sharing regarding criminal proceeds and terror finance suspicions within and between multinational commercial groups.
Its consultation follows the release last June (2016) of draft guidance on FATF standards on information-sharing in general. The global anti-money laundering body is fine tuning this advice and wants additional suggestions to be submitted by July 31.
FATF has yet to offer much guidance ...
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