FATF Guidance-On Digital Identity
Digital payments are growing at an estimated 12.7% annually, and are forecast to reach 726 billion transactions annually by 2020.
Read MoreFATF Guidance-Countering Proliferation Financing
Recommendation 7 of the FATF Standards requires countries1 to implement proliferation financing-related Targeted Financial Sanctions (TFS) made under United Nations Security Council Resolutions (UNSCRs or resolutions).
Read MoreOFAC Specially Designated Nationals and Blocked Persons List – MAR 21 2023
Specially Designated Nationals and Blocked Persons List
Read MoreFATF National ML TF Risk Assessment
Identifying, assessing, and understanding ML/TF risks is an essential part of the implementation and development of a national anti-money laundering / countering the financing of terrorism (AML/CFT) regime, which includes laws, regulations, enforcement and other measures to mitigate ML/TF risks.
Read MoreFATF Guidance-Transparency Beneficial Ownership
Corporate vehicles1—such as companies, trusts, foundations, partnerships, and other types of legal persons and arrangements—conduct a wide variety of commercial and entrepreneurial activities.
Read MoreFATF 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.
Read MoreFATF BPP-Combating Abuse Non Profit Organisations
The Financial Action Task Force (FATF) Best Practices Paper on Combating the Abuse of Non Profit Organisations was first written in 2002 at a time when the FATF had just introduced standards to address specific terrorist financing (TF) vulnerabilities and threats in the wake of the 11 September 2001…
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