Door closing for feedback on FATF’s transparency and beneficial ownership standards – decision pending once consultation period ends - AML Intelligence
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Door closing for feedback on FATF’s transparency and beneficial ownership standards – decision pending once consultation period ends

By Dan Byrne for AMLi

Stakeholders have just ten days left to contact the Financial Action Task Force, before the agency makes a decision on revised standards for transparency and beneficial ownership.

The global financial crimes watchdog issues a white paper in late June, announcing that it was considering amendments to “Recommendation 24” – one of the 40 generally used to assess countries’ AML/CFT defences.

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