Brazilian central bank to take charge of anti-money laundering unit
Central bank says it will appoint AML organisation’s head and change its governance
Brazil’s government has transferred control of the state’s anti-money laundering (AML) organisation from the finance ministry to the central bank, it announced today (August 20).
The country’s president, Jair Bolsonaro, signed a decree putting the measure into effect, having announced plans to do so earlier this month.
The Central Bank of Brazil said in a statement that the Financial Activities Control Council (Coaf), would be re-named the Financial Intelligence Unit (FIU). The unit will
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