On 1 April 2020, the Financial Action Task Force (FATF) published a statement in response to the ongoing COVID-19 pandemic. The statement touched on a number of areas of which the key ones for the financial services industry were: Remaining vigilant in light of the COVID-19-related financial crime risks: FATF has flagged an increase in financial fraud and exploitation scams targeting innocent victims and vulnerable individuals as well as COVID-19-related insider trading. This is something… Continue Reading