The Financial Action Task Force : An Introduction

The Financial Action Task Force (FATF) is a Paris-based intergovernmental organization that was founded with the objective of promoting effective implementation of laws, regulations, and other measures to combat money laundering (ML), financing of terrorism (FT), and similar threats to financial integrity. One of the FATF's key outputs is a series of Recommendations that set international standards for combating ML and FT. Donors can use Recommendations to help developing countries increase their financial integrity and stability and to prevent risks related to ML and FT in their own operations