Global terror financing watchdog, Financial Action Task Force (FATF) has underlined the potential threats where money can be misused in a rapidly digitalising world. FATF says money can be misused to support terrorism, hide illegal earnings, or fund activities that can harm global peace. It highlighted that to protect the world’s financial systems, FATF works with countries around the globe
FATF underlined its two reports published this year which extensively cover advanced methods including the manipulation of beneficial ownership information to mask the identities of sanctioned individuals and entities, the misuse of virtual assets and cryptocurrencies and leveraging maritime sectors and shipping industries to bypass international regulations.
Press Release from Jersey Finance, Monday 8 July, 2024. A former renowned diplomatic editor for Sky News and one of the most successful women in Formula 1 history are to take to the stage at this
Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.
International finance centres (IFCs) like Jersey have a crucial role to play in accelerating the pace and scale of the financing of global sustainable development objectives, according to a new report
Press Release from Carey Olsen, Friday 25 October, 2024. Carey Olsen is pleased to announce the promotion of Catherine O’Connell and Sara Malik to senior associate within the firm’s British