Anti-Financial Crime & Financial Crime Compliance
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BREAKING: Russia suspended from FATF as Africa’s economic powerhouses – South Africa and Nigeria – placed on ‘grey list’

MEETING ROOM: Controversial remarks by RUSI's Tom Keatinge centre around a European Commission memo outlining requirements for AMLA's new headquarters. The memo described the need for conference space to hold meetings similar to the FATF plenaries, shown above. Mr Keatinge's comments were variously described by MEPs as "pathetic" and "sneering."

By STEPHEN RAE for AMLi THE Financial Action Task Force (FATF) today placed Africa’s two biggest economic powerhouses, South Africa and Nigeria on its watchlist. Russia was also kicked off the organisation as FATF finally announced Moscow was being suspended from the task force. “The Russian Federation’s actions unacceptably run counter to the FATF core…

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