The Latest Breaking News from FATF

The official said the FATF, which is likely to visit Mumbai as well, may also meet civil society representatives.

Accusing the Indian government of prosecuting, intimidating, and harassing human rights defenders, activists, and non-profit organisations on the pretext of countering terrorist financing, Amnesty International, Charity & Security Network (C&SN), and Human Rights Watch (HRW) have sought the intervention of the Financial Action Task Force (FATF).

The Supreme Court extends ED Director S.K Mishra's tenure till September 15, 2023, to ‘serve national interest,’ a month less than the Centre’s demand. We examine the case and the controversy behind the tenure extension.

The order allowing Sanjay Kumar Mishra, head of the Enforcement Directorate, to continue at the Centre’s request is needlessly accommodative

A bench of Justices BR Gavai, Vikram Nath and Sanjay Karol said in view of the peer review being conducted by the Financial Action Task Force (FATF) this year and to enable smooth transition, Mishra's tenure will be till July 31. Read further on Dynamite News:

Global financial watchdog calls for prompt action to address anti-money laundering and counter-terrorism financing in crypto activities.

HANOI: Vietnam was added to the watch list of the FATF international financial crime watchdog, which said the nation has nonetheless committed to proving it effectively prevents the financing of the proliferation of weapons of mass destruction.

The move makes Croatia the only EU country on the list, which also includes the United Arab Emirates, Panama and Mali.

The United Arab Emirates has begun the extradition process of a British citizen to Denmark who is suspected of defrauding Danish tax authorities of over $1 billion, a UAE official said on Wednesday.