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Weekly Roundup: Assad’s Assets Remain Elusive, FATF Dings Mexico for CFT Deficiencies, and More
printEfforts to freeze Syrian President Bashar al-Assad's assets have been hindered by lawsuits, Russian and Chinese opposition and poor intelligence and his use of offshore shell companies, Reuters reported Friday. Once believed to have over $120 billion, Assad is now thought to have $1 billion hidden from the Western governments that have blacklisted his government. More Despite improvements to its anti-money laundering and counterterrorism financing regime, Mexico has yet to adopt measures that sufficiently clamp down on terror financiers, the Financial Action Task Force (FATF) said Wednesday. More Critics discussed the problem with ACAMS MoneyLaundering.com in October. More Law enforcement...
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