Government watchdog points finger at banks in FIFA corruption scandal

FATF

By Mark Baber
June 23 – Whilst most attention has been focused on the role of the FIFA President and General-Secretary in relation to the current US and Swiss investigations of corruption in football, a largely unnoticed statement by the Financial Action Task Force (FATF) – the inter-governmental body whose responsibility it is to promote policies to protect the global financial system against money laundering – has pointed a finger of blame at financial institutions.

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