Urgent action needed to fight money laundering and terrorist ...
WEBMay 13, 2024 · The FATF researches how money is laundered and terrorism is funded, promotes global standards to mitigate the risks, and assesses whether countries are taking effective action. UNODC: For two decades, the United Nations Office on Drugs and Crime (UNODC) has been helping make the world safer from drugs, organized crime, …
Urgent cooperation needed to fight money laundering and ...
WEBMay 13, 2024 · Heads of FATF, INTERPOL and UNODC issue joint call to action. VIENNA, Austria - Countries need to urgently step up their efforts to target the huge illicit profits generated by transnational organized crime that facilitate conflicts, fund terrorism, and negatively impact vulnerable populations.
Japan's Lower House expected to pass bill to revise political ...
WEB4 days ago · The Lower House of Japan's Diet is expected to pass a bill to revise the political funds control law on Thursday. The main ruling Liberal Democratic Party amended the bill it submitted to include ...
Political Funds Control Law Revision: Seize Moment as ...
WEB3 days ago · <p>Although the current political funds reforms leave much to be desired, once a decision is made on them, they must be implemented without fail.</p>
TD Money-Laundering Fines May Reach $4 Billion, Jefferies Says
WEB5 days ago · Fines against Toronto-Dominion Bank tied to US money-laundering probes may total as much as $4 billion following fresh allegations involving the lender, according to Jefferies Financial Group Inc. analysts — double previous estimates of the potential impact on Canada’s second-largest lender.
LDP proposes party subsidy halts for fund law violations
WEBMay 29, 2024 · The Liberal Democratic Party on Wednesday presented a draft amendment to its bill revising the political funds control law that calls for suspending state subsidies to political parties if member...
US Releases Plan to Boost Hedge Funds’ Money Laundering ...
WEBMay 13, 2024 · The US Treasury Department and the Securities and Exchange Commission proposed new rules that aim to keep investment funds from being used to launder money or fund terrorist activity.
LDP fails to gain Komeito support for revisions to political fund law
WEBMay 16, 2024 · The ruling Liberal Democratic Party plans to submit a bill to revise the Political Fund Control Law on its own after its junior coalition partner refused to accept its lenient proposals, sources...
US Bids to Boost Hedge Funds’ Anti-Money Laundering ...
WEBMay 13, 2024 · US authorities said on Monday that they’re concerned investment advisers could be used by people outside the country to funnel money into the American financial system. The joint proposal would apply to hedge funds, private equity, venture capital firms and other money managers.
EU Adopts Groundbreaking Business Value Chain Law
WEBMay 24, 2024 · (Brussels) – The new EU directive adopted on May 24, 2024, requiring large companies to ensure human rights respect in their value chains signals a new era for corporate accountability, Human...
