Search results
Results From The WOW.Com Content Network
The Asia/Pacific Group on Money Laundering (APG) is a FATF style regional inter-governmental (international) body, the members of which are committed to effectively implementing the international standards against money laundering (Anti–money laundering or AML), the combating the financing of terrorism (CFT) and financing the proliferation of weapons of mass destruction.
Asset Recovery Interagency Network Asia Pacific. Asset Recovery Interagency Network - Asia Pacific (ARIN-AP) is an informal network of experts and practitioners in the field of asset tracing, freezing and confiscation which intends to serve as a cooperative group in all aspects of tackling the proceeds of crime in the Asia-Pacific region. [1]
The Financial Action Task Force (on Money Laundering) (' FATF, aka "Fatfee"), also known by its French name, Groupe d'action financière ( GAFI ), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering and to maintain certain interest. [3]
On 30 May 2024, 44-year-old Lin Baoying was given a 15-month jail term for one count of money laundering and two counts of submitting a forged document to a bank. Lin, who possessed more than $170.5 million in assets, agreed to forfeit S$153 million to the state. Lin was the only female defendant of the case. [18]
The Egmont Group of Financial Intelligence Units is an international organization that facilitates cooperation and intelligence sharing between national financial intelligence units (FIUs) to investigate and prevent money laundering and terrorist financing. National FIUs collect information on suspicious or unusual financial activity and are ...
At the same year, Asia/Pacific Group on Money Laundering is also founded, which Indonesia officially joined in 2000. [1] The second Financial Action Task Force (FATF) report published in June 2001 and including a supplemental report in September, denoted Indonesia as one of non-cooperative countries.
AMLCFT regulation in the United States. US Anti-money laundering program ( Patriot Act, Title III, Subtitle B Sec.352) Russian Federal Financial Monitoring Service ("Rosfinmonitoring") Australian Transaction Reports and Analysis Centre or AUSTRAC, Australian government agency, Australia's anti-money laundering and counter-terrorism financing ...
CEO. Scott Liles. Staff. 303 (2023) Website. www .acams .org. The Association of Certified Anti-Money Laundering Specialists (ACAMS) is an organization that provides training and certification, runs conferences and disseminates information (including through the publication ACAMS Today) on detection and prevention of money laundering. [1]