#Latest news with #illicitflowsBloomberg2 days agoBusinessBloombergBritish Virgin Islands, Bolivia Placed on Watchdog's ‘Gray List'By and Sergio Mendoza Save The British Virgin Islands and Bolivia were added to a global financial watchdog's 'gray list' for shortcomings in combating illicit flows, a move that may hamper investor confidence and heighten bank scrutiny. Tanzania, Mali and Croatia were removed from the same list, the Paris-based Financial Action Task Force said in a statement at the end of its joint plenary with the Council of Europe 's anti-money-laundering body Moneyval. Bloomberg News reported on the anticipated moves late last month.
Bloomberg2 days agoBusinessBloombergBritish Virgin Islands, Bolivia Placed on Watchdog's ‘Gray List'By and Sergio Mendoza Save The British Virgin Islands and Bolivia were added to a global financial watchdog's 'gray list' for shortcomings in combating illicit flows, a move that may hamper investor confidence and heighten bank scrutiny. Tanzania, Mali and Croatia were removed from the same list, the Paris-based Financial Action Task Force said in a statement at the end of its joint plenary with the Council of Europe 's anti-money-laundering body Moneyval. Bloomberg News reported on the anticipated moves late last month.
2 days ago
