Search results
Results from the WOW.Com Content Network
FATF was formed by the 1989 G7 Summit in Paris to combat the growing problem of money laundering. The task force was charged with studying money laundering trends, monitoring legislative, financial and law enforcement activities taken at the national and international level, reporting on compliance, and issuing recommendations and standards to combat money laundering.
As of the Fourth Assembly, the East African Legislative Assembly has 62 members, of which each member state submits 9 elected members, and 8 ex-officio members. [ 11 ] According to Article 50 of the East African Community Treaty , members are elected by their respective country's national legislature. [ 11 ]
East Africa, also known as Eastern Africa or the East of Africa, is a region at the eastern edge of the African continent, distinguished by its geographical, historical, and cultural landscape. Defined in varying scopes, the region is recognized in the United Nations Statistics Division scheme as encompassing 18 sovereign states and 4 territories.
Readmission of a former member state, that has remained a UN member, requires formal communication to the ILO Director-General of acceptance of the obligations of the ILO constitution. A former member state that is not a UN member can only be approved for readmission by a decision of the International Labour Conference. [57]
The committee expanded its membership in 2009 and then again in 2014. As of 2019, the BCBS has 45 members from 28 jurisdictions, consisting of central banks and authorities with responsibility of banking regulation. [3] The committee agrees on standards for bank capital, liquidity and funding. Those standards are non-binding high-level principles.
The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia.Its member states are Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
The African Continental Free Trade Area (AfCFTA) [11] is a free trade area encompassing most of Africa. [12] [13] [14] It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, [15] and the largest in population and geographic ...
Occurring between July 2011 and mid-2012, a severe drought affected the entire East African region. [7] Said to be "the worst in 60 years", [8] the drought caused a severe food crisis across Somalia, Djibouti, Ethiopia and Kenya that threatened the livelihood of 9.5 million people. [6]