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17/02/2012
Standards Announced For Money Laundering
A new set of standards aimed at combating money laundering, terrorist financing and the proliferation of "weapons of mass destruction" has been announced.
The Financial Action Task Force (FATF), said it had agreed a new set of standards and was highlighting the need for member countries to promote their implementation.
The FATF said its recommendations have been revised to provide governments with stronger tools to take action against financial crime and protect the integrity of the global financial system.
The recommendations were strengthened specifically in areas which are "high risk", including dealing with new threats, improving transparency and being tougher on corruption.
The Commercial Secretary to the Treasury, Lord Sassoon said:
“The UK welcomes the revised FATF standards. The integrity of the global financial system will now be better protected through strengthened measures to combat the global threat of money laundering, terrorist financing and of the proliferation of weapons of mass destruction.
"We are fully committed to implementing these new global standards and will work with international partners in FATF to encourage full and consistent adoption by all countries.”
(DW)
The Financial Action Task Force (FATF), said it had agreed a new set of standards and was highlighting the need for member countries to promote their implementation.
The FATF said its recommendations have been revised to provide governments with stronger tools to take action against financial crime and protect the integrity of the global financial system.
The recommendations were strengthened specifically in areas which are "high risk", including dealing with new threats, improving transparency and being tougher on corruption.
The Commercial Secretary to the Treasury, Lord Sassoon said:
“The UK welcomes the revised FATF standards. The integrity of the global financial system will now be better protected through strengthened measures to combat the global threat of money laundering, terrorist financing and of the proliferation of weapons of mass destruction.
"We are fully committed to implementing these new global standards and will work with international partners in FATF to encourage full and consistent adoption by all countries.”
(DW)
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Half-Term Chance To Think About 'Arriving Alive'
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Half-Term Chance To Think About 'Arriving Alive'
With the first half-term holiday of 2009 here, schools and colleges are being urged to think about booking a road safety presentation aimed at preparing would-be drivers for the learning to drive process. In 2007, 136 drivers aged 16-19 died in crashes. Another 130 were fatally injured in crashes involving vehicles in which they were passengers.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
