Objectives for the FATF during the Chinese Presidency 2019-2020

FATF President Xiangmin Liu presented his objectives for the Chinese Plenary year (July 2019 - June 2020) to the June 2019 Plenary Meeting in Orlando.

During the Chinese Plenary year the FATF will prioritise activity in the following areas:

• Conducting a strategic review
• Mitigating the risks and exploiting the opportunities of new technologies
• Promoting and enabling more effective supervision by national authorities
• Other objectives:
  • Strengthen coordination and capacity for training on the FATF standards throughout the FATF Global Network
  • Action on illegal trafficking in wildlife.
  • Develop and issue best practices on beneficial ownership.