FATFanbefalinger

FATFanbefalinger, also known as FATF Recommendations, are a set of guidelines issued by the Financial Action Task Force (FATF) to combat money laundering, terrorist financing, and other related threats to the integrity of the international financial system. The FATF is an intergovernmental body established in 1989 to set standards and promote effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing, and other related threats.

The FATF Recommendations are a comprehensive toolkit for governments and financial institutions to implement effective measures to combat money laundering and terrorist financing. They cover a wide range of topics, including customer due diligence, record keeping, reporting, and the establishment of independent bodies to oversee compliance with anti-money laundering and counter-terrorism financing (AML/CFT) laws.

The FATF Recommendations are regularly updated to reflect changes in the global financial landscape and emerging threats. They are designed to be flexible and adaptable, allowing countries to tailor their implementation to their specific needs and circumstances. The FATF also provides technical assistance and capacity-building support to help countries implement the Recommendations effectively.

The FATF Recommendations are widely recognized as the global standard for combating money laundering and terrorist financing. They are used by governments, financial institutions, and other stakeholders around the world to develop and implement effective AML/CFT measures. The FATF also plays a key role in monitoring and evaluating the implementation of the Recommendations by its members and other jurisdictions.