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FATF Chief announces changes to beneficial ownership standards in a bid to ‘close regulatory weaknesses’

Image: FATF

By Dan Byrne for AMLi

The Financial Action Task Force has today announced a revamp of its beneficial ownership standards following its latest plenary.

It comes just weeks after the publication of the Pandora Papers, the latest in a series of data leaks exposing the depth of hidden illicit wealth across the world.

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