FATF, EU prepare for busy 2004
The Financial Action Task Force (FATF), an international anti-money laundering body, is preparing to publish a document designed to help regulators and supervisors implement the organisation’s 40 Recommendations for anti-money laundering (AML) and Eight special recommendations for counterterrorist financing (CTF). The document is called the AML/CTF Methodology.
The document will update the previous draft, completed in October 2002, in light of the revisions that the FATF made to its 40
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