Objectives for the FATF during the Chinese Presidency 2019-2020

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FATF General

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.