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LATEST: Some progress by China on AML/CFT deficiencies leads to upgrade on two FATF recommendations; country remains in ‘enhanced follow up’

Premium November 29, 2022
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NEWS: UK’s FCA bans ex-Credit Suisse VP Detelina Subeva after US money laundering conviction

INSIGHT: ‘Fincrime Central’ admits using AI to re-write Sarah Beth’s original opinion column; result ‘diluted, degraded’ original content

INSIGHT: The ‘5 lenses’ – best practise in establishing an enterprise wide Anti-Financial Crime Op Model

By Elizabeth Hearst for AMLi

The Financial Action Task Force (FATF) today upgraded China’s compliance on two of its recommendations, following progress addressing technical compliance deficiencies. 

In its latest enhanced follow-up report, China was upgraded to partially compliant from non-compliant in Recommendation 7.

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NEWS: UK’s FCA bans ex-Credit Suisse VP Detelina Subeva after US money laundering conviction

INSIGHT: ‘Fincrime Central’ admits using AI to re-write Sarah Beth’s original opinion column; result ‘diluted, degraded’ original content

INSIGHT: The ‘5 lenses’ – best practise in establishing an enterprise wide Anti-Financial Crime Op Model

Regulatory Watch News

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