Financial Action Task Force and Financial Assistance Scheme: Difference between pages

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imported>Doug Williamson
(Rejigged the information to make it clearer (the 49 recommendations were consolidated to 40 Recommendations for International Standards..). Source: http://www.fatf-gafi.org/about/historyofthefatf/)
 
imported>Doug Williamson
m (Added 1 line space before see also)
 
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(FATF).  
(FAS).  


''Anti money laundering.''
''Pensions''. 


An inter-governmental body whose purpose is the development and promotion of policies, both at national and international levels, to combat money laundering and terrorist financing.
A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between 1997 and 2005 and unable to pay benefits in full.  
 
 
The FATF issued a number of recommendations - the 40 Recommendations and nine Special Recommendations on Terrorist financing - which form the basis of most countries’ anti money laundering legislation. 
 
The original Recommendations were subsequently updated and consolidated to form the International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation.  




== See also ==
== See also ==
* [[Financial Intelligence Units]]
* [[Pension Protection Fund]]
* [[Money laundering]]
* [[Standardised corporate environment]]
 
[[Category:Compliance_and_audit]]

Revision as of 15:32, 16 April 2014

(FAS).

Pensions.

A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between 1997 and 2005 and unable to pay benefits in full.


See also

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