This Guidance on risk-based supervision will help supervisors address the full spectrum of risks and focus resources where the risks are highest. The risk-based approach will make supervisors' efforts to detect and prevent the financial flows that fuel crime and terrorism more effective.
The FATF is consulting private sector stakeholders before finalising Guidance to help the implementation of new requirements to identify, assess, understand and mitigate proliferation financing risk.
Please provide your response by 9 April 2021 (18h00 CET).
The second FATF Plenary under the Presidency of Dr. Marcus Pleyer, met again virtually in February 2021. Read the chairman's summary of the discussions which focussed on many topics, including the Mutual Evaluation of New Zealand.
Since the 2017 assessment of Denmark's measures to tackle money laundering and terrorist financing, and their follow-up report in 2019, the country has taken a number of actions to strengthen its framework.
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
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.
