To support financial innovation that is resiliant to money laundering and terrorist financing, the FATF has launched a new platform to share initiatives and developments for the benefit of governments and the private sector more broadly: FATF FinTech and RegTech Initiative
FATF clarifes how FATF requirements should apply in relation to RBA for Virtual Assets & Virtual Asset Service Providers , in particular with regard to the application of the RBA approach.
The FATF has identified jurisdictions with strategic deficiencies in their frameworks to combat money laundering and the financing of terrorism and proliferation: jurisdictions for which an FATF call for action applies and other monitored jurisdictions.
Combatting terrorist financing is top priority for the FATF, and a key part of the FATF’s objectives in strengthening financial sector integrity and contributing to safety and security. FATF's focus on terrorist financing
The FATF Recommendations, the international anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT) standards, and the FATF Methodology to assess the effectiveness of AML/CFT systems.
- FATF Recommendations 2012 - amended June 2019
- Methodology 2013 - amended October 2019
- Procedures for the FATF Fourth Round of AML/CFT Mutual Evaluations - amended October 2019
- Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up (Universal Procedures) - amended October 2019