FATF (Financial Action Task Force)

The Financial Action Task Force (FATF) is an international organization established in 1989 to combat money laundering and terrorist financing worldwide. It sets global standards and develops policies to help countries strengthen their financial systems and improve their ability to detect and prevent criminal activities. FATF conducts assessments of countries' compliance with its guidelines and publishes reports to inform policymakers and the public. Its work aims to protect the integrity of the global financial system and promote cooperation among nations in tackling financial crimes.