FATF, based with the Organisation for Economic Cooperation and Development in Paris, will meet in Washington between Monday and Wednesday next week, its 29 member states hoping to contribute to the growing ‘war on terrorists’.
More usually the FATF develops strategies for dealing with money laundering and places pressure on many states to improve their regulatory procedures.
The emergency meeting follows action already instigated in the UK where chancellor Gordon Brown and home secretary David Blunkett have announced measures to be taken.
These include putting accountants at the heart of the battle by establishing a new terrorist finance unit to contain forensic accounting experts and work in conjunction with the National Criminal Intelligence Service.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay