FATF

The Financial Action Task Force (FATF) is an intergovernmental body which aims to develop and promote policies to aid the fight against money laundering measures and terrorist financing at both national and international levels. The Task Force is, therefore, a decision-making body that seeks to generate the political support needed to reform national laws and regulations in its areas of competence.

The FATF monitors the progress made by its members in implementing the necessary measures, examines techniques and countermeasures specific to money laundering and terrorist financing, and encourages the adoption and implementation of appropriate measures at the global level. In carrying out these activities, the FATF collaborates with other international bodies engaged in the same fight.