Money Laundering Watchdog Turns Focus to Digital Tools, Extremism
Mr. Pleyer began a two-year term as FATF’s head in July, about two months after the organization released its first report on the AML and CTF risks posed by the pandemic. In an interview with Risk & Compliance Journal, Mr. Pleyer discussed FATF’s priorities under his presidency. Edited excerpts follow. WSJ: Has the coronavirus pandemic increased the risk of money laundering? MR. PLEYER: We see an increase in certain crimes and money laundering patterns. For example, fraud connected with government aid. We see fundraising for fake charities. We see counterfeiting of medical goods. Also, cy...