FATF

To combat financial crimes including money laundering,  countries should identify, assess, and understand related risks and take action to ensure that risks are mitigated effectively. Based on the assessment, countries should apply a risk-based approach […]

The Financial Action Task Force – FATF – issued the FATF (40) Standard recommendations in October 2003, to control money laundering. The (40) standards, were increased later to add more standards to cover terrorism financing. […]