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Weekly Roundup: FinCEN Risks Breaching Ownership Database Deadline, Pakistan Accuses India of FATF Meddling, and More

Three senior Democratic lawmakers voiced concerns that the U.S. Treasury Department may fall short of finalizing plans for a database of corporate owners by the congressionally mandated deadline of Jan. 1, the Financial Times reported. More Pakistani officials urged the Financial Action Task Force to investigate India's alleged role in preventing their nation's removal from a list of jurisdictions deemed especially vulnerable to abuse by financial criminals, Dawn reported. More South Korean authorities said they would follow FATF's guidelines in excluding digital artwork and other nonfungible tokens, or NFTs, from anti-money laundering regulations governing their nation's cryptocurrency industry, Cointelegraph reported....

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