On September 3, 2026, the Financial Action Task Force published findings on growing criminal use of informal banking networks including hawala and similar service providers worldwide. The report urged governments and companies to address professional money laundering through underground banking systems.
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PARIS, Sept 3 - Criminal use of informal banking networks has become a global problem and is growing, the Financial Action Task Force said on Thursday, urging companies and governments to do more to combat professional money-laundering services.
New. FATF: Investigating Professional Money Laundering, Underground Banking, and the Use of Hawala and Other Similar Service Providers https://www. fatf-gafi.org/en/publications/ Methodsandtrends/pml-underground-banking-hawala-hossps.html More: Reuters: Misuse of informal money-transfer networks is growing worldwide, global watchdog says https://www. reuters.com/technology/cyberse curity/ @ Reuter