Publication

This publication examines the Financial Action Task Force (FATF) – an intergovernmental organization formed by the G7 in 1989 to develop and promote policies to combat money laundering. More specifically, the text’s author outlines 1) how FATF serves in curbing illicit financial flows within an evolving anti-money laundering and combating the financing of terrorism (AML/CFT) environment; 2) difficulties the organization faces because certain member jurisdictions challenge its legitimacy; 3) recommendations for the FATF on how to address these difficulties, and more.