Is FATF on the right track?

In late 2024, the Financial Action Task Force (FATF) will celebrate 35 years as the global standard-setter for anti-money laundering (AML) and combating the financing of terrorism (CFT) - an opportunity, critics tell Paul Cochrane, to review and potentially reform its role in the fight against illicit finance.

In late 2024, the Financial Action Task Force (FATF) will celebrate 35 years as the global standard-setter for anti-money laundering (AML) and combating the financing of terrorism (CFT) - an opportunity, critics tell Paul Cochrane, to review and potentially reform its role in the fight against illicit finance.