By PAUL O’DONOGHUE, Senior Correspondent DAVID Lewis, former executive secretary at FATF, has claimed there is “little evidence” that technical compliance with the agency’s recommendations leads to effective AML outcomes. Mr Lewis highlighted that jurisdictions rated largely or fully compliant with all 40 FATF (Financial Action Task Force) Recommendations included the likes of the Cayman…
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NEWS: Former senior FATF figure claims ‘little evidence’ its recommendations effectively prevent money laundering

David Lewis, Managing Director at Kroll