Criminals, organized crime groups and terrorists have abused the market of art and antiquities to launder money and fund their activities. This report examines the link between money laundering and terrorist financing and the market of art and antiquities. It also highlights best practices and risk indicators that could help to improve global responses to such threats.

24 Feb 2023

Following its FATF Plenary, the FATF has updated its statements identifying high-risk and other monitored jurisdictions.

The Russian Federation’s continuing and intensifying war of aggression against Ukraine runs counter to FATF’s principles of promoting security, safety and the integrity of the global financial system and the commitment to international cooperation and mutual respect upon which FATF Members have agreed to implement and support the FATF Standards.
As a result, the FATF Plenary has suspended the membership of the Russian Federation.