Financial Action Task Force

(FATF). Anti-money laundering. A 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.

It has issued a number of recommendations - the 40 Recommendations, which form the basis of most countries’ anti-money laundering legislation plus 9 Special Recommendations on Terrorist financing.

See also

• Financial Intelligence Units
• Money laundering
• Standardised corporate environment