What is the Financial Action Task Force? The FATF is the global money laundering and terrorist financing watchdog. It’s an inter-governmental body that sets standards for more than 200 countries and jurisdictions to help combat serious crime. Drug dealers, pimps, human traffickers all need to launder their illegally obtained money. FATF standards, if effectively implemented, help authorities find, freeze and confiscate the money of criminals.
www.fatf-gafi.org
