The FATF has a best practices paper aimed at stopping people hiding their “beneficial ownership”, the term used to describe the ultimate owner of a company. See the whole report here: http://bit.ly/2oefqH3 5/ #FollowTheMoney #FATFweek #FATF #MoneyLaundering

Hundreds of billions of dollars are being laundered through fake companies and the money used to facilitate crime. The FATF is helping countries track down the true owners of anonymous shell companies and their dirty money. 1/ #FollowTheMoney #FATFweek #FATF

It is FATF week! More than 800 delegates representing 205 countries and jurisdictions are meeting to make decisions to fight against money laundering and terrorist financing. 1/ #FollowTheMoney #FATFweek

Is Europe doing enough to tackle money laundering? FATF Executive Secretary David Lewis says many EU countries need to make major improvements and focus on effective measures. #FollowTheMoney #FATF #PoliticoFS

Digital payments are growing quickly. In a digital context, how can banks verify a customer’s identity using reliable, robust and independent sources?
Public consultation on new #FATF guidance on #digitalID ➡️http://bit.ly/2N0AQAY