Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

aml, Compliance, Compliance News, Regulatory

NEWS: 80% of countries cannot effectively confiscate criminal assets – FATF President de Anda

CHIEF: FATF President Elisa de Anda Madrazo

BY PAUL O’DONOGHUE, Senior Correspondent

THE vast majority of countries cannot effectively confiscate criminal assets, the head of the Financial Action Task Force (FATF) has warned.

Elisa de Anda Madrazo, the FATF President, said this situation has let many criminal activities flourish, as they are not being properly policed.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!