Skip to Primary Navigation

Global financial watchdog FATF suspends Russia’s membership

An aerial view of the city center as the Spassky Tower of Moscow's Kremlin seen at background in Moscow, Russia
Photo: Getty Images

Russia the first country to be suspended from membership of intergovernmental body.

International money-laundering watchdog the Financial Action Task Force (FATF) has suspended the Russian Federation from membership. Russia, which has been a member since 2003, is the first country to be suspended.

“The Russian Federation’s actions unacceptably run counter to the FATF core principles aiming to promote security, safety, and the integrity

Subscribe to continue reading

Subscribe to our Premium plan for full access to every article like this one, plus exclusive interviews, podcasts, and more.

Already have Premium? Sign in