Financial Crime Watchdog FATF Calls for Transparency on Shell Companies
FATF’s Call Against Shell Companies: The global financial crime watchdog, the Financial Action Task Force (FATF), has issued a sharp warning to countries over the risks posed by shell companies. FATF President Elisa de Anda Madrazo described them as the “getaway car” for criminals, enabling illicit actors to move money across borders undetected. Speaking in … Read more