FATF Holds Meeting on 20th Anniversary of FATF Recommendations

On June 25, 2010, FATF held its annual meeting, during which it admitted new regional members, produced two public documents to identify jurisdictions that may pose a risk to the international financial system, approved the global threat assessment report, issued a statement on tax amnesty and asset repatriation program, issued a statement on improved global AML/CFT compliance, and approved the global threat assessment...(more)...