Reported by FATF (Excerpt shown below. To read full report, go to: https://www.fatf-gafi.org/en/publications/Fatfrecommendations/update-Recommendation-16-payment-transparency-june-2025.html) FATF updates Standards on Recommendation 16 on Payment Transparency The Financial Action Task Force (FATF) has today streamlined international requirements that will increase the safety and security of cross-border payments to better detect financial crime.  The changes to Recommendation 16 of the […]