Financial Action Task Force (FATF)

📌 Tackling financial crime to protect people around the world has been a key topic of discussion at this week’s G20 South Africa and International Monetary Fund-The World Bank Annual Meetings in Washington DC. During the 4th Finance Ministers and Central Bank Governors Meeting and in key meetings with international stakeholders, FATF President, Elisa de Anda Madrazo, highlighted:   🔧 How the FATF toolkit allows countries to scale and adapt their response to illicit finance to address the risks on the ground and make a meaningful difference — to stop drug trafficking, corruption, fraud, child sexual exploitation and other heinous crimes and support financial inclusion, enhance cross-border cooperation and build more secure systems throughout the world. 🌐FATF is supporting responsible innovation by deepening the understanding of both the opportunities and threats presented by new technologies: governments must keep pace as criminals and sanctions evaders exploit AI to circumvent rules. 🔎 How the FATF actively monitors market developments and implementation in the Virtual Assets sector and supports countries that face challenges in assessing risks and implementing appropriate mitigation measures. 💡 During the G7 Canada roundtable on AI, Financial Crime and Fraud, and the IMF’s side event on Addressing Financial Crime, Fraud and Corruption as Barriers to Growth and Stability she highlighted how anti-money laundering and countering the financing of terrorism measures defined in the FATF Standards are primary tools needed to combat fraud and financial crime. 🛑 Through our global network of 200+jurisdictions we bring together key players across different sectors to counter fraud and financial crimes. #G20SouthAfrica #FollowTheMoney #AML #CFT

💡"The worst-case scenario from a governmental perspective is to have a bigger ecosystem that is unregulated and in the shadows. That's where terrorists hide, that's where criminals hide." In Washington DC this week, FATF President, Elisa de Anda Madrazo has spread the word on the vital and necessary synergy between financial inclusion and financial integrity during key meetings in the margins of the 2025 International Monetary Fund & World Bank Group Annual Meetings: 🌐 17th Annual G-24/Alliance for Financial Inclusion (AFI) Policymakers’ Roundtable alongside Soraya M. Hakuziyaremye Chair of the AFI Board of Directors and Alfred Hannig, CEO of AFI 🛜 Trust at Scale: Global Guardrails for a Digital Economy, DC Fintech Week (catch up here via The Fintech Foundation: https://lnkd.in/dtYdhbCT ) 🔗 Learn more about the FATF’s work to bring more people into the formal financial sector in our new Guidance on Financial Inclusion and Anti-Money Laundering and Terrorist Financing Measures https://lnkd.in/eJtqsXdk #FinancialInclusion #AML #CFT #FATF #DCFintechWeek

More than 850 participants from 105 countries attended last week’s FATF Webinar on Demystifying Extended Confiscation. The webinar examined the key features of extended confiscation and how countries can implement the tool effectively now that it has been incorporated into the FATF Standards.   International legal experts shared their insights on extended confiscation. Participants heard from jurisdictions that have had success in using this tool to target significant criminal assets, including how to protect the fundamental rights of defendants and third parties in extended confiscation. Watch the webinar, available in English and French 👉 https://lnkd.in/dEhGt2tn

📆 The fourth FATF Week under the Mexican Presidency of Elisa de Anda Madrazo starts on Monday. 🌐 Delegates from across the Global Network of more than 200 jurisdictions and observers will attend the Working Group and Plenary meetings and address key issues in the fight against illicit finance. 🔎 The Plenary will mark the first discussions under the FATF’s new round of mutual evaluations of countries’ measures to combat money laundering, terrorist financing and proliferation financing. Learn more here: https://lnkd.in/dgbVwcPa #AML #CFT #CPF #FollowTheMoney

Maintenant disponible en français - https://lnkd.in/eNRAXU6n En savoir plus sur : 🔹L’approche globale des risques développée dans le rapport 🔹Les facteurs influençant la nature des risques en matière de financement du terrorisme 🔹Les principales méthodes et tendances en matière de financement du terrorisme, des méthodes traditionnelles aux méthodes en ligne 🔹L’évolution des tactiques et l’utilisation de méthodes combinées 🔹Les tendances émergentes en matière de financement du terrorisme

❗Remember to register for tomorrow's FATF webinar on Asset Recovery. On Thursday the FATF will hold a webinar on Demystifying Extended Confiscation to help countries navigate new requirements on asset recovery. Hear from an international panel of experts from national authorities and academia who will share their insights to help clarify what extended confiscation is and how it can be implemented effectively. A recording will be made available after the webinar. 🕜 Time: 13:00–14:10 CEST 🔗 Register here: https://lnkd.in/enmwz59C

💬 “The global illicit economy, worth an estimated 2 trillion dollars per year, is not a distant problem. It fuels violence, drug addiction and corruption. It distorts markets and impedes sustainable development by robbing government of resources needed for vital services such as health, education and infrastructure. As leaders in the region you are uniquely positioned to lead the charge to change this.”   At last week's Caribbean Financial Action Task Force (CFATF) Council of Ministers, FATF President Elisa de Anda Madrazo highlighted: ➡️ FATF work to support countries with fewer resources to tackle illicit finance in the most effective and efficient way keeping in mind their context ➡️ the pivotal role that CFATF and other FATF-Style Regional Bodies play in ensuring an efficient response to regional risks ➡️ work on increasing financial inclusion around the world to bring more people into the formal financial sector Learn more about how a risk-based approach to fighting illicit finance helps to strengthen financial inclusion: https://lnkd.in/eJtqsXdk   #FATF #CFATF #AML #CFT

📢 Hear from international experts at our upcoming FATF webinar on Demystifying Extended Confiscation. To strengthen rates of confiscation of criminal assets around the world, expert panellists will help navigate changes to the FATF Standards on asset recovery and share challenges and best practices, drawing on country case studies. 📅 9 October 2025 🕐 13:00-14:10 CEST 🗣️ English with French interpretation Find more details and register to attend via our website 🔗 https://lnkd.in/enmwz59C #AML #FollowTheMoney #FATF #AssetRecovery