AMLi INSIGHT: Russian oligarchs the ‘most sophisticated in the world’ at dodging KYC and evading sanctions – former FATF chief - AML Intelligence
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AMLi INSIGHT: Russian oligarchs the ‘most sophisticated in the world’ at dodging KYC and evading sanctions – former FATF chief

By Dan Byrne for AMLi

THE CAPACITY OF Russian oligarchs to work around rigorous KYC rules and international sanctions is the strongest in the world, a former FATF President has warned.

Their methods were so capable that their identity may remain hidden even if a financial institution makes every effort to root out accurate beneficial ownership information, he suggested.

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