The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced two countries have been added to the Financial Action Task Force (FATF) watchlist, while another has been removed.
The FATF grey list identifies countries where increased financial monitoring is necessary to combat money laundering, terrorist financing, and nuclear weapons proliferation. FinCEN said Laos and Nepal have been added, while the Philippines have been removed, according to a press release Wednesday.
Laos and Nepal made a “high-level political commitment” to work with the FATF and the Asian Pacific Group on Money Laundering to strengthen the effectiveness of their anti-money laundering/countering the financing of terrorism (AML/CFT) regime, according to an FATF press release Friday.
Hong Kong and Switzerland are each making significant strides in the realm of blockchain and cryptographic technologies. Seeking to accelerate their advancements through collaboration, Invest Hong Kong
The Supreme People’s Court of the People’s Republic of China (SPC) has reworked its interpretation of the region’s AML laws to include virtual asset transactions. As part of a conference that
Ending special tax treatment afforded to superrich can cover estimated climate finance needs Following the example of Spain’s “featherlight” wealth tax on the 0.5% richest households would see
As published on: ft.com, Friday 12 September, 2025. Welcome back. A new Rhodium Group analysis on the US energy outlook has just dropped, estimating that the Trump administration’s policies could