FATF Annual Report 2000-2001

Mr. José María Roldán Alegre, of Spain, held the Presidency of the twelfth Plenary year of the FATF.

Major achievements of the twelve months included significant progress in the work on noncooperative countries or territories (NCCTs), the development of FATF-style regional bodies, enhancing the collaboration with the international financial institutions and launching a review of the Forty Recommendations.

A significant development occurred in South America with the creation of (South American Financial Action Task Force) in Cartagena, Colombia, in December 2000.

FATF Annual Report 2000-2001