Australian Presidency - Roger Wilkins AO : July 2014 - June 2015
Brussels, 25 March 2015
- The Consultation and Dialogue with Non-Profit Organisations brought together participants from NPOs, financial institutions, FATF members and observer delegations for an in-depth exchange of views on a number of important issues affecting the NPO sector. The issues include the FATF’s ongoing work to revise its Best Practices Paper on Combating the Abuse of Non-Profit Organisations, the need to avoid a “one-size-fits-all” approach to effectively combat terrorist abuse of NPOs given that not all NPOs are at high risk, and the importance of ensuring that misinterpretation or poor implementation of the FATF standards does not adversely impact legitimate charitable activities of NPO.
Paris, 25-27 February 2015
- The FATF issued a statement on FATF action on terrorist finance, and adopted a report on the financing of terrorist organisation Islamic State in Iraq and the Levant (ISIL). The FATF Plenary discussed the mutual evaluation reports for Australia and Belgium. It updated its statements concerning high-risk and non-cooperative jurisdictions and reviewed voluntary tax compliance programmes in several jurisdictions.
Paris, 22-24 October 2014
- The FATF adopted 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. It approved the exit from follow-up of Turkey and discussed the fourth round mutual evaluations of Norway and Spain. FATF welcomed Malaysia as an observer country. The Plenary also issued a statement to clarify the risk-based approach in the light of the de-risking phenomenon, and a statement to express its concern with the financing generated by and provided to the terrorist group ISIL.
Paris, 18 October 2014
- The FATF and the G20 Anti-Corruption Working Group jointly organised an Experts' Meeting on Corruption to discuss issues of common interest.
Russian Presidency - Vladimir Nechaev: July 2013 - June 2014
Paris, 25-27 June 2014
The FATF adopted a number of reports, such as a typologies report on the risk of terrorist financing abuse of non-profits, and the key definitions and potential AML/CFT risks of virtual currencies. It reviewed voluntary tax compliance programmes in several jurisdictions and updated its statements concerning high-risk and non-cooperative jurisdictions. It approved the exit from follow-up of Argentina, Australia, Germany and Korea and issued a statement calling on Japan to enact adequate anti-money laundering and counter terrorist financing legislation.
Paris, 22 June 2014
- The Financial Action Task Force (FATF), in coordination with relevant bodies from the United Nations, organised an Experts Meeting on Targeted Financial Sanctions. The objective of the meeting was to bring together targeted financial sanction experts at the global level, to increase collaboration, coordination and sharing of information between relevant bodies
Brussels, 25-26 March 2014
- The FATF met with representatives of the private sector to discuss updates to the guidance on the application of the risk-based approach in their relevant sector. The meeting also provided an opportunity to hear about issues of concern or interest to the private sector.
Brussels, 24 March 2014
- Discussions at the AML/CFT and Data Protection Experts Seminar, organised by the FATF and hosted by the European Commission, focused on the need for consistency in the anti-money laundering/combating the financing of terrorism (AML/CFT) and data protection requirements and on the importance of effective compliance with FATF Recommendations. Experts on AML/CFT and data protection, as well as relevant private sector experts, met in Brussels on 24 March to exchange views and map common issues.
Paris, 12-14 February 2014
- The FATF Plenary updated its statements identifying high-risk and non-cooperative jurisdictions. The Plenary adopted the follow-up reports to the mutual evaluations of Aruba (Kingdom of the Netherlands), Austria, Canada, Luxembourg, Mexico and the Netherlands and reviewed the voluntary tax compliance programmes in several jurisdictions.
Paris, 16-18 October 2013
- The FATF Plenary updated its statements identifying high-risk and non-cooperative jurisdictions. The Plenary adopted the follow-up reports to the mutual evaluations of New Zealand and the Russian Federation. FATF also adopted a number of reports, such as best practices on the use of the FATF Recommendations to combat corruption, and terrorist financing in West Africa. The FATF also reviewed the impact of new voluntary tax compliance programmes of Argentina and Belgium on anti-money laundering and countering the financing of terrorism measures.
Paris, 12 October 2013
- The Experts' Meeting on Corruption, chaired by FATF President Vladimir Nechaev, brought together anti-money laundering and counter-terrorist financing experts and anti-corruption experts from 27 jurisdictions and 15 organisations for the purpose of discussing issues of mutual interest.
Annual report 2013-2014
Norwegian Presidency - Bjørn Skogstad Aamo: July 2012 - June 2013
Oslo, 19-21 June 2013
- The FATF Plenary reviewed the impact of new voluntary tax compliance programmes of Argentina and Turkey on anti-money laundering and countering the financing of terrorism (AML/CFT) measures. The Plenary adopted the follow-up reports to the mutual evaluations of Finland, India and Ireland. FATF also adopted a number of reports, such as the international best practices in combating the abuse of non-profit organisations, and the report on money laundering and terrorist financing vulnerabilities of legal professionals.
London, 24 April 2013
- FATF met with Non-Profit Organisations (NPOs) on 24 April, the aim of the meeting was to stress the importance of ensuring that FATF Recommendation 8 on NPOs is not being implemented in a manner that disrupts or discourages legitimate charitable activity.
Paris, 20-22 February 2013
- The FATF Plenary adopted the Methodology for Assessing Technical Compliance with the FATF Recommendations and the effectiveness of AML/CFT systems; Guidance on AML/CFT measures and financial inclusion and Guidance on conducting National Risk Assessment. The FATF also issued a statement on Turkey, and an update on AML/CFT Improvements in Ghana and Venezuela.
Paris 17-19 October 2012
- The FATF Plenary issued a statement concerning Turkey, reviewed the voluntary tax compliance programmes in Curaçao and published the follow-up report to the mutual evaluation report of Hong Kong, China. The Plenary also revised two Best Practices Papers and the Reference Guide and Information Note on the use of the FATF Recommendations to support the fight against Corruption.
Annual Report 2012-2013
Italian Presidency - Giancarlo Del Bufalo: July 2011 - June 2012
Rome, 20-22 June 2012
- The FATF received an update on progress made by Argentina and Turkmenistan, issued a statement on Turkey, reviewed the voluntary tax compliance programmes in Spain, Pakistan and Curaçao and published three reports which outline new methods and trends in money laundering and terrorist financing.
Paris, 15-17 February 2012
- FATF approved the new FATF Recommendations, issued statements concerning Argentina, Honduras and Paraguay, approved the follow-up report to the mutual evaluation of China and welcomed the Groupe d'Action Contre le Blanchiment d'Argent en Afrique Centrale (GABAC) as an observer.
Paris, 27-28 October 2011
- FATF issued statements concerning Argentina, Bangladesh and Ukraine and approved the follow-up report to the mutual evaluation of Greece.
FATF Annual Report 2011-2012
Mexican Presidency - Luis Urrutia Corral: July 2010 - June 2011
Mexico, 22-24 June 2011, joint FATF-GAFISUD Plenary
- FATF issued a statement on the progress made by Argentina, and the mutual evaluation reports for the State of Kuwait and the Sultanate of Oman were adopted
Paris, 23-25 February 2011
- The mutual evaluations of France and the Netherlands were approved.
Paris, 20-22 October 2010
- FATF approved the mutual evaluation of Argentina, as well as follow-up reports of the Kingdom of Denmark, Spain and Sweden. The FATF Plenary also provided an update on AML/CFT improvements in Qatar and Azerbaijan
Annual Report 2010-2011
Dutch Presidency - Paul Vlaanderen: July 2009 - June 2010
|Amsterdam, 23-25 June 2010
Abu Dhabi, 17-19 February 2010, joint FATF-MENAFATF Plenary
- India became a full member of the FATF and the mutual evaluations of the Kingdom of Saudi Arabia, India and Brazil were approved.
- FATF approved the mutual evaluations of Germany and Luxembourg.
Annual Report 2009-2010