Money laundering, terrorist financing and the financing of weapons of mass destruction are enduring concerns for the integrity of the financial system.  They require a sustained political commitment to fight these threats. 

This is why, in 2019, FATF Ministers gave the FATF an open-ended mandate after three decades of operation under a time-bound mandate.   

FATF’s mandate recognises the need for FATF to continue to lead decisive, co-ordinated and effective global action to counter the threats of the abuse of the financial system by criminals and terrorists, and strengthens its capacity to respond to these threats that all countries face.