What is Financial Action Task Force (FATF)?
Financial Action Task Force (FATF) meaning
| established – by G-7 Summit in Paris in 1989|
aim – to develop and promote policies to combat money laundering and terrorist financing
members – (36) Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Denmark, EC, Finland, France, Germany, Greece, Gulf Cooperation Council, Hong Kong, Iceland, India, Ireland, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands (Aruba, Curacao, Sint Maarten), NZ, Norway, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, UK, US
reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html