One fifth effective – FATF assessment

Denis O’Connor, a Fellow of both the Institute of Chartered Accountants in England & Wales and the Chartered Institute of Securities and Investment, was a member of the British Bankers’ Association Money Laundering Committee from 2003-10 and a member of the Joint Money Laundering Steering Group’s Board and Editorial Panel between 2010 and 2016. He has been a frequent speaker at industry conferences on financial crime issues, both in the UK and abroad.

Short, it may be, on positive outcomes but the Financial Action Task Force review of countries’ efforts against money laundering and terrorist financing over the last decade is a useful, honest stocktaking, says Denis O’Connor.