FATF continues DPRK measures & suspends them for Iran

The Financial Action Task Force (FATF), which sets standards for combating money laundering and terrorist financing (AML/CFT), has renewed its call for enhanced due diligence when dealing with North Korea in a press release. FATF remains concerned about AML/CFT in DPRK, and so has urged members to apply UN targeted financial sanctions (and other measures)…