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G20 action against shell companies would be ‘major’ step in stamping out dirty money – FATF Chief says ahead of Rome summit

By Dan Byrne for AMLi

Financial Action Task Force President Dr Marcus Pleyer has called on G20 nations to “put words into action,” as the group prepares to meet in Rome this weekend.

He re-emphasised the “sad” reality that while his organisation is verging on 20 years of setting standards for shell companies, compliance on the ground is lacking.

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