Financial Action Task Force

Singapore’s T. Raja Kumar is new president of FATF

Indian- origin T Raja Kumar has been appointed as President of world’s anti-terrorism financing agency, Financial Action Task Force (FATF) for two years (July 2022 -June 2024). He succeeded Dr Marcus Pleyer, who served as the chief of the FATF. He will be responsible for enhancing the effectiveness of global anti-money laundering and counter-terrorist financing measures. He has a working experience in home […]

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Singapore’s T Raja Kumar appointed as next President of FATF

Singapore’s T Raja Kumar has been appointed as the president of the Financial Action Task Force (FATF), the global money laundering and terrorism financing watchdog. He will assume office with effect from July 01, 2022. for a fixed period of two-year term. Mr. Kumar will replace Dr. Marcus Pleyer of Germany. T. Raja Kumar is the current Head

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FATF retains Pakistan on its ‘Grey List’ of countries, while three new countries added

Global terror financing watchdog Financial Action Task Force (FATF) has retained Pakistan and added three more countries to its Grey List. In a briefing, FATF president Marcus Pleyer said that three new countries — Turkey, Jordan, and Mali — have been added to the Grey List. Pakistan has addressed 30 of the 34 action plan items, and

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