FATF dates back to 1989 when the G7 nations established this forum to develop and implement measures to combat money laundering. Later, in 1997, FATF's inter-governmental body, the Asia-Pacific ...

Following the attacks of September 11, 2001, the FATF developed standards for combating terrorist financing. It’s made up of just under 40 members, including the G7, China and emerging economies ...

The governance framework of FATF is predominantly controlled by the G7 countries, granting those countries excessive sway over the organization's decision-making procedures. This results in the ...

FATF is an intergovernmental organisation established in 1989 by the G7, works to combat money laundering, terrorist financing, and the funding of weapons of mass destruction. Laos Faces Increased ...