Federal Reserve System and Financial Action Task Force: Difference between pages
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(FATF). | |||
''Anti money laundering.'' | |||
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. | |||
FATF issued a number of recommendations - the 40 Recommendations, which formed the basis of most countries’ anti money laundering legislation plus 9 Special Recommendations on Terrorist financing. The Recommendations were subsequently updated and integrated to form the International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation. | |||
== See also == | == See also == | ||
* [[ | * [[Financial Intelligence Units]] | ||
* [[ | * [[Money laundering]] | ||
* [[ | * [[Standardised corporate environment]] | ||
[[Category:Regulation_and_Law]] | |||
Revision as of 15:08, 12 April 2014
(FATF).
Anti money laundering.
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.
FATF issued a number of recommendations - the 40 Recommendations, which formed the basis of most countries’ anti money laundering legislation plus 9 Special Recommendations on Terrorist financing. The Recommendations were subsequently updated and integrated to form the International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation.
