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For FATF, Argentina’s AML Progress May Hinge on Enforcement Issues
By Brian Monroe
printAn expected decision on whether to include Argentina on an intergovernmental list of jurisdictions with poor compliance controls will depend on the country's willingness to enforce its new laws, say analysts. Officials with the Paris-based Financial Action Task Force (FATF) said in December that the country could be included on its list of nations that have failed to adequately fight money laundering and terrorist financing following an October evaluation of Argentina that specified 962 shortcomings in its compliance regime. If added, Argentina would be the sole Group of 20 nation on the list. But while Argentina has since issued 26...
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