Financial Transparency Coalition

LONDON – An international financial-crime watchdog was urged not to relax its stance on monitoring political officials in light of the desperate scramble to freeze the assets of recently deposed leaders in the Middle East and North Africa.

NEW DELHI – Stung by the opposition charge that it hasn’t taken enough steps to crack down on corruption and black money, the government today said it had adopted a five-fold strategy to tackle the generation and circulation of black money.

PARIS — As governments around the world freeze the assets of former dictators, campaigners and governments from the Task Force on Financial Integrity and Economic Development (Task Force) meet in Paris this Saturday to discuss how to tackle dirty money flows. This is ahead of a high-level meeting of the Financial Action Task Force (FATF), which sets the international anti-money laundering standards.

In October 2010, the Financial Action Task Force (FATF), published a consultation paper seeking input as the organization conducts a review of its 40+9 Recommendations. Attached is the official response from the Task Force on Financial Integrity and Economic Development (Task Force).