IIF Authors

Status: Will be live at 06/07/2016 00:00

IIF Submits Letter on Effective Information Sharing for AML/CFT Purposes

Tuesday, June 7, 2016

The IIF submitted a letter to the FATF Secretariat on updates to the FATF Recommendations to enable more effective information sharing in the enterprise-wide context, among financial institutions not part of the same financial group, and between governments and the private sector. The letter builds upon the IIF's continuing dialogue on financial crime related issues and encourages the FATF to address the specific challenges to effective sharing of AML/CFT information to better ensure stability and security in global finance.'