US urges Middle East to implement AML laws
FINANCIAL CRIME
Levey has been visiting the Middle East promoting adoption of the Financial Action Task Force (FATF) recommendations against money laundering and terrorist financing. In a July testimony to Congress on Money laundering and terrorist financing in the Middle East and South Asia, he said the region remains a wellspring of, and a target for, terrorist financiers and those who spread extremist ideologies that justify and fuel terrorism. He said Saudi Arabia-based and funded organisations remain a key
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