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Midweek Roundup: FBI Closed Terrorist Financing Section, US Dollar Shortage Paralyzes Afghan Financial System, and More

The Taliban's takeover of Afghanistan raises the likelihood that terrorist groups will boost fundraising in the nation and puts a spotlight on the FBI's decision to close the Terrorist Financing Operations Section two years ago, sources told ACAMS moneylaundering.com. More Afghanistan's sudden isolation from the global financial system and shortage of U.S. currency has imperiled remittances and humanitarian-related shipments, moneylaundering.com reported. More The U.K. Financial Conduct Authority instructed financial institutions to assess their exposure to Afghanistan and closely scrutinize transactions to and from the country, Reuters reported. More Widespread corruption fueled by billions of dollars in U.S. military spending and...

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