Financial Action Task Force identifies jurisdictions with anti-money laundering deficiencies

The Financial Crimes Enforcement Network is informing U.S. financial institutions that the Financial Action Task Force (FATF) adopted a report on how terrorist groups like Hamas use crowdfunding techniques to raise money for their attacks. Additionally, the FATF continues to reiterate that all jurisdictions should be vigilant to current and emerging risks from the circumvention of measures taken against the Russian Federation in order to protect the international financial system.