ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000. 

By AML Intelligence Correspondents FATF on Friday endorsed reforms to its global standards, targeting improved transparency in cross-border payments, financial inclusion through risk-based approaches and stronger global CFT resilience. The reforms mark one of the most ambitious updates to the FATF Standards in recent years, reflecting growing global momentum for targeted and technology-driven approaches to Read More