Fatf: The Financial Action Task Force ( FATF

The Financial Action Task Force ( FATF ) is an inter-governmental policymaking body whose purpose is to establish international standards, and to develop and promote policies, both at national and international levels, to combat money laundering and the financing of terrorism. It was formed in 1989 to set out measures to be taken in the fight against money laundering. Since then, the FATF has issued 40 recommendations to fight money laundering and 9 special recommendations to fight terrorist ... FATF Issues Global Asset Recovery Guidance Recognising India’s Contribution through the Directorate of Enforcement. The Financial Action Task Force ( FATF ) has released its latest publication titled “Asset Recovery Guidance and Best Practices”, which provides a comprehensive and updated framework to strengthen the global system for asset recovery against financial crimes. The guidance follows up on one of the most significant global reforms to the FATF standards on confiscation and ... The Financial Action Task Force ( FATF ) leads global action to tackle money laundering, terrorist and proliferation financing. FATF is an international organization that develops and promotes policies to fight financial crime, such as money laundering and terrorist financing. Learn about its history, members, and recommendations for combating global threats to the financial system.