Latest News

27 Jun 2016

Delegates discussed improving transparency and beneficial ownership, and the global response to terrorist financing, including the adoption of a revised standard for non-profit organisations.  At this last meeting of the Korean Presidency, the FATF issued a statement on Iran and discussed the assessments of Austria, Canada and Singapore.

27 Jun 2016

The FATF has revised Recommendation 8 and its Interpretive Note. The revised standard aims to ensure that the implementation of Recommendation 8 is in line with the risk-based approach and does not disrupt or discourage legitimate non-profit activities.

24 Jun 2016

FATF updated its statements identifying jurisdictions with strategic deficiencies in their frameworks to combat money laundering and the financing of terrorism and proliferation. Myanmar and Papua New Guinea were removed from FATF monitoring under its On-Going Global AML/CFT Compliance Process

15 Jun 2016

A statement by the Caribbean Financial Action Task Force (CFATF) on Haiti's lack of progress to strengthen its anti-money laundering & counter terrorist financing regime, including certain legislative reforms.