On 29 June, FATF reissued this guidance, saying that it had recently revised 2 Standards to require countries, financial institutions, designated non-financial businesses and professions (DNFBP) and virtual asset service providers (VASP) to identify, assess, understand and mitigate their proliferation financing risks.  The guidance, first issued in October, will effectively implementing these new FATF requirements. 


Any modest contributions for my time and ongoing expenses are welcomed!  I have a page, where contributions start as low as $3, 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

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