Rahman Ravelli
Rahman Ravelli Solicitors Logo
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539

About Us Expertise PEOPLE International Legal Articles News Events Contact Us
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
search
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
search

Legal Director Syed Rahman assesses for Thomson Reuters the Financial Action Task Force’s “red flags’’ for identifying virtual assets being used to launder money

Author: Syedur Rahman  22 September 2020

The international Financial Action Task Force (FATF) has issued a list of "red-flags" to help identify money laundering and terrorist financing activity that uses virtual assets.

Thomson Reuters’ Regulatory Intelligence asked Rahman Ravelli’s Syed Rahman his opinions about the move, which is designed to assist financial institutions and virtual asset service providers.

Syed said that the FATF initiative is a good start but added that it is far from all that is required to tackle the problem of money laundering. He emphasised the need for banks to create their own anti-money laundering culture for the virtual asset sector.

His views were used in an article that can be read here. (Subscription required) 

Syedur Rahman C 09551

Syedur Rahman

Partner

syedur.rahman@rahmanravelli.co.uk
+44 (0)203 910 4566 vCard

Download Profile PDF

View Profile

Syedur Rahman is known for his in-depth experience of serious fraud, white-collar crime and serious crime cases, as well as his expertise in worldwide asset tracing and recovery, civil recovery, cryptocurrency and high-stakes commercial disputes.

Share this article on