GAFILAT: MONEY LAUNDERING/TERRORIST FINANCING EMERGING THREATS LINKED TO COVID-19

On 6 October, Foodman CPAs & Advisors published an article saying that FATF-style regional body GAFILAT, the FATF of Latin America, had added a new Annex to its Money Laundering Regional Threat Report related to Covid-19 and which highlights how criminals are taking advantage of this difficult situation in order to make profits and transfer illicit sourced funds across multiple borders and jurisdictions. 

https://www.jdsupra.com/legalnews/gafilat-identifies-money-laundering-80757/

The Report is at –

https://www.gafilat.org/index.php/es/biblioteca-virtual/gafilat/documentos-de-interes-17/estudios-estrategicos-17/3860-second-update-to-the-ml-reginoal-threat-report-gafilat-1/file

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s