Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
FATF updates evaluation of Israel's AML/CFT network
The Financial Action Task Force (FATF) has posted a follow-up-report on its 2018 assessment of Israel’s measures to tackle money laundering and terrorist financing. The FATF has now re-rated the country on the wire transfer recommendation, from "partially compliant" to "largely compliant."
The report also looks at whether Israel's measures meet the requirements of FATF Recommendations 2 and 15, which changed since their mutual evaluation. The FATF agreed to upgrade the rating of Recommendation 15 (New technologies), to largely compliant.
Today, Israel is compliant on 16 Recommendations and largely compliant on 19. It remains partially compliant on 4 Recommendations (one Recommendation is non-applicable to Israel).