International report highlights COVID-related risks to ML/FT
Risk of crimes, including fraud, cybercrime, misdirection or exploitation of government funds or international financial assistance are at heightened levels due to the pandemic, the Financial Action Task Force says.
The international money laundering and terrorism financing watchdog reports the risks associated with ML/FT and identifies challenges, good practices and policy responses to new money laundering and terrorist financing threats and vulnerabilities arising from the COVID-19 crisis.
The report can be accessed here.
Last updated on the 7th May 2020