Risk of terrorist abuse in non-profit organisations

Terrorist organisations and non-profit organisations (NPOs) have very different objectives, but often need the same resources to operate. This makes NPOs vulnerable to terrorist abuse.

 

Virtual currencies

The FATF has made a preliminary assessment of the money laundering and terrorist financing risks associated with virtual currencies.

FATF President

On 1 July, Mr. Roger Wilkins AO of Australia became the President of the FATF.  He succeeded Mr. Vladimir Nechaev of the Russian Federation. Mr. Je-Yoon Shin of Korea assumed the position of Vice-President of the FATF.  

Nouvelle Méthodologie du GAFI

Les futures évaluations permettront de déterminer dans quelle mesure les pays ont atteint l'objectif de lutte contre le blanchiment de capitaux et le financement du terrorisme.

Le GAFI et la corruption

La corruption et le blanchiment sont étroitement liés, les deux sont généralement engagés avec le but d'obtenir des gains financiers. Les mesures de lutte contre le blanchiment et le financement du terrorisme sont des outils puissants dans la lutte contre la corruption.

Documents essentiels

 Recommandations 2012 - Titre et logo Recommandations du GAFI
adopté février 2012

Juridictions à haut risque et non coopératives
- juridictions qui ont fait l’objet d’un appel du GAFI
autres juridictions

24 Oct 2014

Outcomes of the Plenary meeting of the FATF, Paris, 22-24 October 2014

During the first Plenary meeting under the Australian Presidency, the FATF adopted a number of reports, such as a guidance on transparency and beneficial ownership and risk-based approach guidance for the banking sector. It reviewed voluntary tax compliance programmes in several jurisdictions and updated its statements concerning high-risk and non-cooperative jurisdictions.

24 Oct 2014

Public Statement - 24 October 2014

The FATF has updated its public statement identifying jurisdictions with strategic deficiencies in anti money-laundering / countering the financing of terrorism measures. FATF calls on countries to apply counter-measures to Iran and the Democratic People's Republic of Korea. FATF also calls its member to consider the risks emanating from Algeria, Ecuador, Indonesia and Myanmar.

24 Oct 2014

Improving Global AML/CFT Compliance: on-going process – 24 October 2014

The FATF identified jurisdictions which have strategic weaknesses in their anti-money laundering and counter terrorist financing (AML/CTF) framework. These countries have developed an action plan with the FATF to address these AML/CTF weaknesses. FATF congratulates Argentina, Cuba, Ethiopia, Tajikistan and Turkey for the strategic progress made in addressing the AML/CFT deficiencies earlier identified by the FATF.

24 Oct 2014

FATF action on the terrorist group ISIL

The FATF expressed concern with the financing generated by and provided to the terrorist group the Islamic State of Iraq and the Levant (ISIL). FATF experts will work together to gain a better insight into sources and methods of funding of ISIL.

23 Oct 2014

FATF clarifies risk-based approach: case-by-case, not wholesale de-risking

The FATF Plenary discussed the issue of de-risking and published a statement emphasizing that the risk-based approach should be the cornerstone of an effective system to combat money laundering and the financing of terrorism, and is essential to properly managing risks.

22 Oct 2014

Mutual Evaluation of Turkey : 15th Follow-Up Report

Turkey has made significant progress in addressing deficiencies in its measures to combat money laundering and the financing of terrorism, as identified in its February 2007 mutual evaluation report. This follow-up report provides an overview of the main changes since the 2007 evaluation of Turkey's level of compliance with the FATF Recommendations.

20 Oct 2014

President’s Summary of Outcomes from the Experts’ Meeting on Corruption

The FATF and the G20 Anti-Corruption Working Group jointly organised an Experts' Meeting on Corruption on Saturday, 18 October 2014 to discuss issues of common interest.

16 Oct 2014

Meeting of the FATF Plenary, Paris 22-24 October 2014

The 36 members of the Financial Action Task Group (FATF) and representatives from the FATF-Style Regional Bodies will meet in Paris to discuss the mutual evaluation reports of Norway and Spain and review the implementation of measures taken by countries with weak systems to combat money laundering and terrorist financing. The FATF is also expected to adopt guidance to assist banks applying the risk-based approach and guidance on transparency and beneficial ownership.