Adopting FATF standards strengthens financial reputation, leading to BIR gaining stronger powers to combat tax evasion in Trinidad and Tobago.
1 report, 1 independent
Updated Aug 3
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What happened
Adopting FATF standards strengthens financial reputation, leading to BIR gaining stronger powers to combat tax evasion in Trinidad and Tobago.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Financial Action Task Force
intergovernmental organization to combat money laundering and terrorism financing
- India holds the vice-presidency of the Financial Action Task Force (FATF), with an officer from the Madhya Pradesh cadre involved.
- South Africa is undergoing an assessment by the Financial Action Task Force (FATF) regarding its compliance with international standards to combat serious financial crimes.
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Trinidad and Tobago
island sovereign state in the Caribbean
Related events
- The Territory/Virgin Islands must meet global standards set by the Financial Action Task Force (FATF).
- Government must follow FATF recommendations.
- FATF standards are causing unintended consequences in Serbia, the Philippines, and India.
- Bill mandates alignment with international FATF standards, with the Monetary Authority of Singapore overseeing financial regulation within Singapore.
- FATF is an international body addressing global financial crime.