The Kingdom of Saudi Arabia is achieving good results in fighting terrorist financing, but needs to focus more on pursuing larger scale money launderers and confiscating their assets.
Over 140 participants from the FinTech and RegTech sectors, financial institutions, and FATF members, associate members and observers attended the third FinTech and RegTech Forum on 4 and 5 September 2018, in Hangzhou, China.
The Kingdom of Bahrain has the foundation for an effective regime to combat money laundering and terrorist finance, but needs to further develop its measures based on risk.
This report looks at Belgium’s progress since their 2015 mutual evaluation report.
To support financial innovation that is resiliant to money laundering and terrorist financing, the FATF has launched a new platform to share initiatives and developments for the benefit of governments and the private sector more broadly: FATF FinTech and RegTech Initiative
The FATF has identified jurisdictions with strategic deficiencies in their frameworks to combat money laundering and the financing of terrorism and proliferation: jurisdictions for which an FATF call for action applies and other monitored jurisdictions
Combatting terrorist financing is the top priority for the FATF, the intergovernmental body responsible for understanding terrorist financing risks, developing global standards and evaluating countries' compliance: FATF's focus on terrorist financing
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.
