International Issues

The US Treasury Department has announced **Daniel Glaser** as new Deputy Assistant Secretary for the **Office of Terrorist Financing and Financial Crimes (TF/FC)**. TF/FC resides within the Treasury’s Office of … Read More

The Caribbean Financial Action Task Force (CFATF) yesterday expressed its appreciation to a former Chairman, Sir Ronald Sanders, for services to the organisation. CFATF is an organisation of 30 Caribbean … Read More

Ending a Plenary Meeting in Paris today, the Financial Action Task Force (FATF) announced that it has added another key element to global counter-terrorist financing defences. The new measure, **Special … Read More

The Swiss Federal Department of Finance announced today that the web site of the Money Laundering Control Authority (MLCA) is now available in English. It covers all legal and regulatory … Read More

A recent survey by the Swiss Finance Ministry has found that 51 per cent of those questioned favour maintaining banking secrecy in its present form, compared with 57 per cent … Read More

**Focus on International Financial System** The Financial Stability Forum held its twelfth meeting in Washington, DC on Wednesday and Thursday of this week, focusing as usual on risks and vulnerabilities … Read More

Today in Paris, the Committee on Fiscal Affairs (CFA) of the Organisation for Economic Cooperation and Development (OECD) announced new provisions for the exchange of information between national tax authorities. … Read More

The European Union member states confirmed last week that the implementation of the Directive to allow effective taxation of interest income from cross-border investment of savings that is paid to … Read More

**New Regulatory Approaches** In Paris today, at the conclusion of its latest Plenary, the Financial Action Task Force (FATF) reported that it is examining new regulatory approaches to stem the … Read More

The European Commission yesterday released a proposal to further strengthen the European Union’s defences against money laundering and terrorist financing, under a updated and improved anti-money laundering Directive. In a … Read More