FATF, Interpol & Egmont issue joint advice on combating cyber-fraud ML

FATF, Interpol and the Egmont Group have called on governments to undertake three priority reforms to combat increasing money laundering generated by cyber-enabled fraud, which mushroomed during and has since the Covid-19 pandemic.

By Keith Nuthall

FATF, Interpol and the Egmont Group have called on governments to undertake three priority reforms to combat increasing money laundering generated by cyber-enabled fraud, which mushroomed during and has since the Covid-19 pandemic.