Ireland has a sound and substantially effective regime to tackle money laundering and terrorist financing, but could do more to obtain money laundering and terrorist financing convictions and demonstrate its effectiveness in confiscating proceeds of crime.
Denmark has the foundations for a sound regime to tackle money laundering and terrorist financing, but needs to improve the implementation of measures to mitigate the risks.
G20 Leaders’ statement on countering terrorism focusses on terrorist financing.
Mr. Santiago Otamendi assumed the Presidency of the FATF on 1 July. He succeeded Juan Manuel Vega-Serrano of Spain.
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
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.
What is an effective system to combat money laundering and terrorist financing?
