World news

The Philippines Likely to Exit the FATF Grey List Soon

An analyst at Moody's Analytics (a provider of software and research in economic analysis and risk management) has said that the Philippines is likely to exit the Financial Action Task Force (FATF) “Grey List” soon…

FATF, INTERPOL and UNODC Call for Urgent Action to Stop Money Laundering and Other Illicit Activities

The International Criminal Police Organization (INTERPOL), the United Nations Office on Drugs and Crime (UNODC) and the Financial Action Task Force (FATF) have warned of the dangers that organised crime poses to the…

UAE Removed from the FATF Grey List

On 23 February 2024, the Financial Action Task Force (FATF) removed the United Arab Emirates (UAE) from its list of jurisdictions under increased monitoring (the Grey List). The FATF had announced at its October 2023…

High-Risk Jurisdictions Subject to a Call for Action - October 2023

Paris, 27 October 2023 - High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing and proliferation financing (ML, TF and PF). For all countries…

Outcomes of the FATF Plenary, 25-27 October 2023

Paris, 27 October 2023 - The fourth Plenary of the Financial Action Task Force (FATF) under the Presidency of T. Raja Kumar has concluded. Delegates from the FATF Global Network (more than 200 jurisdictions) and…

High-Risk Jurisdictions subject to a Call for Action – October 2023

Paris, 27 October 2023 - High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and the financing of proliferation of weapons of mass…

Philippine President revamps AML/CTF strategy to take the country off the FATF grey list

Philippine President Ferdinand R. Marcos Jr. recently directed government agencies and departments to implement a new anti-money laundering and counter-terrorist financing (AML/CTF) strategy. The new plan aims to take…

OPCW confirms: all declared chemical weapons stockpiles have been completely destroyed

On 7 July, US President Joe Biden announced: “Today, I am proud to announce that the United States has safely destroyed the final munition in its stockpile, bringing us one step closer to a world free from the horrors…

Fifth Review Conference (RC-5)

From 15 to 19 May in The Hague, the Netherlands, the Fifth Review Conference (RC-5) on the implementation of the Chemical Weapons Convention (CWC) took place. The Ambassador of Vietnam to the Netherlands, Pham Viet Anh…

IAEA Director General Statement in Relation to AUKUS Announcement

An announcement has been made by Australia, the United Kingdom and the United States (the AUKUS Parties) on Australia’s acquisition of conventionally armed, nuclear-powered submarines. I also received separate…

FATF ADDS NIGERIA AND SOUTH AFRICA TO ITS ANTI-MONEY LAUNDERING WATCH LIST

The Financial Action Task Force (FATF) has added Nigeria and South Africa to its “grey list” of countries that need to step up efforts to tackle money laundering and terrorist financing. The FATF is an intergovernmental…

Organisation for the Prohibition of Chemical Weapons (OPCW) releases third report of the Investigation and Identification Team

Reasonable grounds to identify the Syrian Arab Air Force as the perpetrator of the 2018 Douma chemical attack 27/01/2023 The Hague, the Netherlands - 27 January 2023. The third report of the OPCW Investigation and…