New Zealand needs to focus more on improving the availability of beneficial ownership information, strengthening supervision and implementation of targeted financial sanctions.
Register for the FATF's webinar and hear from the authors of the guidance on Risk-Based Supervision, as well as panellists representing the private sector and the financial inclusion community, about effective supervision of the private sector's efforts to combat money laundering.
G20 Finance Ministers and Central Bank Governors today confirmed their commitment to tackling all sources, techniques and channels of money laundering and the financing of terrorism and proliferation.
The FATF organised a webinar to discuss trade-based money laundering, one of the most complex and adaptive methods of money laundering and widely used by many illicit actors to disguise and move the proceeds of crime alongside legitimate trade transactions.
The FATF Recommendations, the international anti-money laundering and combating the financing of terrorism and proliferation (AML/CFT) standards, and the FATF Methodology to assess the effectiveness of AML/CFT systems.
The FATF has identified jurisdictions with strategic deficiencies in their frameworks to combat money laundering and the financing of terrorism and proliferation: high-risk jurisdictions subject to a call for action and jurisdictions under increased monitoring.
The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption. Criminals have been quick to seek ways to exploit this crisis. Despite the exceptional circumstances, the FATF has continued advancing its important work. It has highlighted COVID-19 related threats and vulnerabilities as well as policy responses to address them.
FATF has issued global, binding standards to prevent the misuse of virtual assets for money laundering and terrorist financing. The standards ensure that virtual assets are treated fairly, applying the same safeguards as the financial sector.
Combatting terrorist financing is top priority for the FATF, and a key part of the FATF’s objectives in strengthening financial sector integrity and contributing to safety and security. FATF's focus on terrorist financing
