Anti-Financial Crime & Financial Crime Compliance
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NEWS: FATF wants aligned national AML standards to stop criminals ‘shopping’ for weak regimes

KEYNOTE ADDRESS: Violaine Clerc, FATF’s Executive Secretary, revealed at the AML Intelligence ‘Women in FinCrime Summit 2025' event how the organization is improving inclusion. Ms Clerc delivered the Keynote Address at the Summit attended by 400 global FCC professionals. FILE PHOTO: European Central Bank

By Paul O´Donoghue, Senior Correspondent Anti-money laundering standards must be consistent across different countries to ensure that bad actors don’t exploit ‘weak links’. That is according to the Financial Action Task Force (FATF), which said this approach is crucial to avoid “supervisory gaps”. Violaine Clerc, FATF’s Executive Secretary, said “effective coordination” across multiple jurisdictions “turns…

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