US said to be “largely compliant” with a recommendation that countries have rules preventing criminals from hiding dirty money in shell companies.
The global financial watchdog, the Financial Action Task Force (FATF), has revised advice it gave the US on its anti-money-laundering safeguards, thanks to a new beneficial ownership information (BOI) rule the US Treasury Department is implementing.
The FATF said the US is now “largely compliant” with a recommendation by the
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