The International Monetary Fund (IMF) and the Asian Development Bank (ADB) are working to overcome the increasing difficulties faced by banks and traders in cross-border transactions with Pacific island countries. Australia and New Zealand are financing the work, which responds… Read More ›
AML/CFT
Sri Lanka targets AML/CFT compliance in the gem and jewellery trades in bid to be removed from FATF grey list
Sri Lanka is hoping to be removed from the Financial Action Task Force’s (FATF) grey list for money laundering and terrorist financing this October, and is targeting the gem and jewellery trades. Both FATF and the EU have said that… Read More ›