FATF recognises improved AML defences in China with publication of latest follow-up report; verdicts on Canada and Finland also released this week - AML Intelligence
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FATF recognises improved AML defences in China with publication of latest follow-up report; verdicts on Canada and Finland also released this week

By Dan Byrne for AMLi

China’s AML defences have seen a fresh round of improvements, but gaps still remain, the Financial Action Task Force has revealed.

The latest enhanced follow-up report for the PRC has seen compliance rating advances in several areas, particularly internal controls and legal frameworks for handling dirty assets.

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