The 40 Recommendations

GLOBAL ANTI-MONEY LAUNDERING (AML) AND COUNTER-TERRORIST FINANCING (CFT) STANDARD:

FINANCIAL ACTION TASK FORCE (FATF)

Introduction

A. Legal Systems

• Scope of the Criminal Offence of Money Laundering
  Recommendation 1
  Recommendation 2
• Provisional Measures and Confiscation
  Recommendation 3

B. Measures To Be Taken By Financial Institutions And Non-Financial Businesses And Professions To Prevent Money laundering And Terrorist Financing

• Customer Due Diligence and Record-keeping
  Recommendation 4
  Recommendation 5
  Recommendation 6
  Recommendation 7
  Recommendation 8
  Recommendation 9
  Recommendation 10
  Recommendation 11
  Recommendation 12
• Reporting of Suspicious Transactions and Compliance
  Recommendation 13
  Recommendation 14
  Recommendation 15
  Recommendation 16
• Other Measures to Deter Money Laundering and Terrorist Financing
  Recommendation 17
  Recommendation 18
  Recommendation 19
  Recommendation 20
• Measures to be Taken With Respect to Countries That do not or Insufficiently Comply With the FATF Recommendations
  Recommendation 21
  Recommendation 22
  Recommendation 23
• Regulation and Supervison
  Recommendation 24
  Recommendation 25

C. Institutional And Other Measures Necessary In Systems For Combating Money Laundering And Terrorist Financing

• Competent Authorities, their Powers and Resources
  Recommendation 26
  Recommendation 27
  Recommendation 28
  Recommendation 29
  Recommendation 30
  Recommendation 31
  Recommendation 32
• Transparency of Legal Persons and Arrangements
  Recommendation 33
  Recommendation 34
• International Co-operation
  Recommendation 35
• Mutual Legal Assistance and Extradition
  Recommendation 36
  Recommendation 37
  Recommendation 38
  Recommendation 39
• Other Forms of Co-operation
  Recommendation 40

Glossary to the 40 Recommendations

Interpretative Notes to the 40 Recommendations