Financial Action Task Force (FATF)

The Financial Action Task Force (FATF) is an inter-governmental, policy-making body established to set international standards for combating money laundering, terrorist financing, and proliferation financing. It works to generate the necessary political will to bring about national legislative and regulatory reforms within its member jurisdictions to protect the integrity of the international financial system.

The organisation operates globally, with its workforce distributed across 35 countries, including France, India, Mexico, the Netherlands, and the United Kingdom. It functions as a standard-setting body whose recommendations guide the regulatory frameworks used by financial institutions and governments worldwide to manage risks related to financial crime.