FATF Guidance-PEPs-Rec12-22
A politically exposed person (PEP) is defined by the Financial Action Task Force (FATF) as an individual who is or has been entrusted with a prominent public function.
Read MoreFATF Guidance-Correspondent Banking Services
In the wake of the global financial crisis and countries’ response to it, the international community has been increasingly concerned about de-risking.
Read MoreFATF Guidance on AML CFT Measures and Financial Inclusion
The FATF is committed to financial inclusion.
Read MoreFATF BPP-Use of FATF Recs Corruption
The measures taken by countries to combat money laundering and terrorist financing (ML/TF) are powerful tools that are useful in the fight against corruption.
Read MoreFATF BPP-Fin Sanctions TF R6
Recommendation 6 requires each country1 to implement the targeted financial sanctions regimes to comply with the United Nations Security Council resolutions (UNSCRs or resolutions) relating to the prevention and suppression of terrorism and terrorist financing.
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