FATF Archives - The Compliance Lady

UAE goes after Lawyers, Accountants, and Enablers for non-compliance with AML regulations

August 22, 2023August 28, 2023The Compliance Lady

In a landmark development, the UAE’s Ministry of Economy made a resounding statement by suspending 50 Designated Non-Financial Businesses and Professions (DNFBPs) and imposing fines on 29 others.…Continue readingUAE goes after Lawyers, Accountants, and Enablers for non-compliance with AML regulations

FATF MONEY LAUNDERING Morocco

Morocco’s anti-money laundering efforts pay off as it exits FATF’s “grey list”

February 24, 2023The Compliance Lady

Great news for Morocco! The country has just been taken off the Increased Monitoring process, also known as the “grey list,” by the Financial Action Task Force (FATF) after a unanimous vote from its members during…Continue readingMorocco’s anti-money laundering efforts pay off as it exits FATF’s “grey list”

FATF World Bank

World Bank v. FATF: A critique of National Risk Assessments

September 9, 2022September 9, 2022The Compliance Lady

𝗪𝗢𝗥𝗟𝗗 𝗕𝗔𝗡𝗞 𝘃. 𝗙𝗔𝗧𝗙: It is always interesting to come across a study that critiques FATF’s work. In a recent report the World Bank takes a closer look at National Risk Assessments (NRAs). For those not…Continue readingWorld Bank v. FATF: A critique of National Risk Assessments

CFT FATF MONEY LAUNDERING Morocco

Morocco exits EU’s Grey List to land on FATF’s grey list

February 26, 2021September 9, 2022The Compliance Lady

I didn’t know it was even possible for a country to exit one international grey list to enter another within the course of one week, but apparently it happens. If that wasn’t enough Morocco was also…Continue readingMorocco exits EU’s Grey List to land on FATF’s grey list