FATF identified shortcomings in the enhanced monitoring process, which must comply with UNSC resolutions and recommendations.

The entities involved

• Financial Action Task Force →

  intergovernmental organization to combat money laundering and terrorism financing

  • An organization based in the Sister Islands is adhering to FATF standards for financial crime, with training held in Cayman Brac.Wed 19:33
  • CFATF examiners are present in Nassau for an inspection and debate addressing anti-financial crime standards.Wed 19:33
• Angola →

  country on the west coast of Southern Africa

  • A refinery project is rising in Lobito, Angola, with Namibia and Botswana considering stakes in the development.Fri 09:55
  • João Lourenço serves as the president of Angola, with UNITA remaining the main political rival to the ruling party.Wed 20:48
• United Nations Security Council →

  one of the six principal organs of the UN, charged with the maintenance of international peace and security

  • The United Nations is discussing the need for permanent African representation on the UN Security Council, highlighting systemic issues in global governance.Thu 13:04
  • Musalia Mudavadi called for reforms to international institutions, citing Africa's lack of a permanent seat on the UNSC.Thu 13:04

Related events

• Kenya is working to exit the FATF grey list, with regulations tracing back to UNSC resolutions and requiring Central Bank guidance.Oct 14