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.
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.
- FATF Recommendations 2012 - amended June 2019
- Methodology 2013 - amended October 2019
- Procedures for the FATF Fourth Round of AML/CFT Mutual Evaluations - amended October 2019
- Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up (Universal Procedures) - amended October 2019