Dirty Money Watchdog Signals Greater Scrutiny of Wealthy Nations
- FATF president touts overhaul of gray-listing criteria
- The former Mexican official aims to close lingering loopholes
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The head of a global watchdog that combats money laundering and terrorist financing signaled that the Financial Action Task Force will dedicate greater attention to the shortcomings facing some of its wealthiest members in the years ahead.
Elisa de Anda Madrazo, 42, who took over as president of the Paris-based FATF in July, said her top priority in office is to support actions that boost transparency and inclusion, with an eye toward holding the most developed countries particularly accountable.