Is FATF going to BLACKLIST Russia? It may happen on OCT 22nd !!
16/10/2024
FATF suspended Russia’s membership in February 2023 — one year after Moscow invaded Ukraine — but has so far held back from slashing its ranking or BLACK/GREY - LISTING it.
Now, Ukraine has upped its campaign to change that. According to documents:-
- Ukraine first asked for Russia to be nominated among the high-risk jurisdictions in April 2022 and
- Has consistently—albeit unsuccessfully—submitted new evidence to get Moscow downgraded since then.
To succeed in the latest round of meetings, Ukraine will have to persuade an internal FATF body tasked with reviewing nominations and supporting evidence, and which meets on Oct. 22, to recommend the proposal for formal consideration.
If Ukraine’s latest pitch is successful, Russia will join Iran, North Korea, and Myanmar on FATF’s highest-risk [BLACK] list.
The dossier submitted to members for consideration highlights:-
- The close financial and military cooperation between Russia and high-risk countries such as North Korea and Iran.
- Russia’s funding of private militia such as the Wagner Group and their associated illegal activities.
- The role that channels on the Telegram messaging app and cryptocurrencies play in Russian facilitation of terrorist financing and to the laundering of “money obtained from goods stolen during its invasion of Ukraine” — from grains to minerals.
SOURCE
https://www.politico.eu/article/money-laundering-blacklist-russia-fatf-ukraine-weapons/
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.