News

Midweek Roundup: World Leaders Pledge Action on Terror Finance, U.S. to Tackle De-Risking, and More

Group of 20 nations pledged to enhance data-exchanges, toughen financial sanctions and ensure compliance with the Financial Action Task Force's standards as part of a broader effort to fight terrorist organizations. More World leaders at the Asia-Pacific Economic Cooperation summit in Manila are expected to pressure Southeast Asian nations to do more to fight terrorism and its financial backers, according to Bloomberg. More EU officials plan by June to issue recommendations for reducing the bloc's vulnerability to money laundering and terrorist financing after assessing the risks to several financial and nonfinancial businesses, including digital currency firms, CoinDesk reported. More U.S....

TO READ THE FULL STORY