Objectives for FATF-XXV 2013-2014

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Russian Federation


Objectives for FATF-XXV (2013-2014)

Vladimir Nechaev presented his objectives for the Russian Plenary year (July 2013 - June 2014) to the FATF Plenary in June.

Main tasks for the FATF in 2013-2014, in line with the Ministers renew the mandate of the Financial Action Task Force until 2020:

  • Promoting and facilitating effective implementation of the revised Recommendations.
  • Starting the fourth round of mutual evaluations, including the training for the evaluators on the use of the Methodology.
  • Further developing the global network of the FATF in collaboration with the FATF-Style Regional Bodies (FSRBs) and the relevant international organisations, especially assisting the FSRBs in their preparations for the new round of their mutual evaluations.
  • Working towards better synergy with the Egmont Group of Financial Intelligence Units.
  • Enhancing communication and engagement with the private sector and civil society.
  • Continuing assessment of risks and new threats to the integrity of the global financial system.
  • Assisting in initiatives concerning Financial Inclusion.
  • Further engagement with G20 on the issue of corruption.
  • Refining the FATF’s organisational and working methods to enhance effectiveness and efficiency.

Objectives for FATF XXV (2013-2014)- Paper by the incoming President