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Weekly Roundup: Pakistan, Qatar Upgrade AML Regimes, Koss Corp Sues American Express for BSA Violations, and More
printA week after the Paris-based Financial Action Task Force (FATF) named 28 jurisdictions with lax anti-money laundering (AML) and counter terrorism controls, some of countries included in the list have started taking steps to be removed. More On Wednesday, Pakistan's Senate Committee on Finance passed the Anti-Money Laundering and Combating Terror Financing Bill, which would expand the country's list of money laundering predicate crimes, according to a report by Dawn.com. More And on Feb. 19, a day after FATF issued the blacklist, Qatar's National Anti-Money Laundering and Terrorism Financing Committee (NAMLC) said that it is working with the intergovernmental group...
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