Botswana faces review by FATF regarding financial crime efforts.
1 report, 1 independent
Updated Aug 18
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What happened
Botswana faces review by FATF regarding financial crime efforts.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Botswana
sovereign state in Southern Africa
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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.
Related events
- The Financial Intelligence Agency (FIA) released a report focusing on various financial offenses occurring in Botswana.
- FATF is an international body addressing global financial crime.
- Court intervention has been sought in the High Court regarding a large fund dispute involving Botswana.
- Trials are underway to address concerns raised by the Financial Action Task Force regarding Nigeria's compliance issues.
- The NBA is supporting the EFCC's fight against financial crimes, leading to FATF grey list removal and increased financial inflows to Nigeria.