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NEWS: Wolfsberg Group proposes changes for FATF’s review on fincrime in the non-profits sector

Wolfsberg Group opposes FATF recommendation for banks to track cash withdrawals at overseas ATMs

The Wolfsberg Group has highlighted several points of concern and proposed enhancements in the FATF’s initial review of fincrime in the Non-Profit Organizations (NPOs) sector. The group says its suggestions could potentially bolster the effectiveness of global efforts to curb financial crimes and terrorist financing. One key concern raised by the Wolfsberg Group revolves around…

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