US Treasury Backs Renewal Of Task Force On Crime, Terrorism Finance

Fox Business Saturday 21st April, 2012

WASHINGTON – The U.S. Treasury Saturday said it backed the renewal of the Financial Action Task Force that fights crime and terrorism financing."FATF standards represent a core pillar of the global framework for securing a safe, sound, and secure international financial system," Treasury Secretary Timothy Geithner said in a statement.Treasury said the task force sets the "global standard-setting and policy body on combating money laundering...


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