The FATF published its report to the July 2017 G20 Leaders’ Summit.
The report sets out FATF’s ongoing work to fight money laundering and terrorist financing, and in particular in the following areas, in which the FATF greatly reinforced its focus, with the support of the G20.
- Strengthening its institutional basis, governance and capacity
- Countering terrorist financing
- Transparency and availability of beneficial ownership information
- Correspondent banking and remittances
The report provides an overview of the FATF’s recent work in these areas and suggests possible next steps.