FATF plenary launches fifth evaluation round with financial inclusivity push

The first Financial Action Task Force (FATF) plenary under the presidency of Mexico's Elisa de Anda Madrazo has launched the anti-money laundering body's fifth mutual evaluation round, while taking initial steps towards boosting inclusivity. For the first time, two external jurisdictions - Cayman Islands and Senegal - were invited to participate in the plenary and working groups as guests, to "broaden the diversity of perspectives at the FATF," said a post-meeting communiqué.

By Keith Nuthall

The first Financial Action Task Force (FATF) plenary under the presidency of Mexico's Elisa de Anda Madrazo has launched the anti-money laundering body's fifth mutual evaluation round, while taking initial steps towards boosting inclusivity. For the first time, two external jurisdictions - Cayman Islands and Senegal - were invited to participate in the plenary and working groups as guests, to "broaden the diversity of perspectives at the FATF," said a post-meeting communiqué.