The Latest Breaking News from FATF

Istanbul police now have some of the world's most expensive sports cars – spoils of seized assets in a crackdown on international organised crime. It's part of Ankara's efforts to escape international scrutiny over money laundering as it seeks global investment.

Turkey has welcomed a decision by an international watchdog to remove it from a so-called “gray list” of countries that have not fully implemented measures to fight money laundering and terrorism financing

Mauritius promotes transparency in financial services, seeks investments from India, and acts as a platform for Indian companies in Africa.

Financial Action Task Force plenary concludes on February 23, 2024; delegates from FATF Global Network of over 200 jurisdictions and observers from international organisations participate in discussions

FATF removes UAE, Barbados, Gibraltar, and Uganda from gray list for combating financial crimes.

The European Union imposes stricter regulations on cryptocurrency firms operating from outside the bloc, tightening control over the industry.

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on November 16, 2023

The official said the FATF, which is likely to visit Mumbai as well, may also meet civil society representatives.

Accusing the Indian government of prosecuting, intimidating, and harassing human rights defenders, activists, and non-profit organisations on the pretext of countering terrorist financing, Amnesty International, Charity & Security Network (C&SN), and Human Rights Watch (HRW) have sought the intervention of the Financial Action Task Force (FATF).