FATF launches public consultation on guidance for implementing new requirements regarding proliferation financing risk

European Banking Authority to publish updates to Risk Factor Guidelines that accompany the 4th and 5th EU AML directives
Cyprus plans to launch register in March to identify company owners

The Financial Action Task Force (FATF) launched a public consultation seeking feedback on proposed guidance for implementing new requirements to identify, assess, understand and mitigate proliferation financing risk. Financial Institutions, particularly those with clients in the defence sector and/or operating in geographies close to sanctioned jurisdictions should take the opportunity to provide feedback.

http://www.fatf-gafi.org/publications/fatfgeneral/documents/public-consultation-proliferation-financing-risk.html

Share with: