THE FATF RECOMMENDATIONS:: Total 40
A – AML/CFT POLICIES AND COORDINATION
1 - Assessing risks & applying a risk-based approach *
2 - National cooperation and coordination
B – MONEY LAUNDERING AND CONFISCATION
3 Money laundering offence *
4 Confiscation and provisional measures *
C – TERRORIST FINANCING AND FINANCING OF PROLIFERATION
5 Terrorist financing offence *
6 Targeted financial sanctions related to terrorism & terrorist financing *
7 Targeted financial sanctions related to proliferation *
8 Non-profit organisations *
D – PREVENTIVE MEASURES
9 Financial institution secrecy laws
Customer due diligence and record keeping
10 Customer due diligence *
11 Record keeping
Additional measures for specific customers and activities
12 Politically exposed persons *
13 Correspondent banking *
14 Money or value transfer services *
15 New technologies
16 Wire transfers *
Reliance, Controls and Financial Groups
17 Reliance on third parties *
18 Internal controls and foreign branches and subsidiaries *
19 Higher-risk countries *
Reporting of suspicious transactions
20 Reporting of suspicious transactions *
21 Tipping-off and confidentiality
Designated non-financial Businesses and Professions (DNFBPs)
22 DNFBPs: Customer due diligence *
23 DNFBPs: Other measures *
THE FATF RECOMMENDATIONS
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE FINANCING OF TERRORISM & PROLIFERATION
2012 OECD/FATF 5
E – TRANSPARENCY AND BENEFICIAL OWNERSHIP
OF LEGAL PERSONS AND ARRANGEMENTS
24 Transparency and beneficial ownership of legal persons *
25 Transparency and beneficial ownership of legal arrangements *
F – POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES
Regulation and Supervision
26 Regulation and supervision of financial institutions *
27 Powers of supervisors
28 Regulation and supervision of DNFBPs
Operational and Law Enforcement
29 Financial intelligence units *
30 Responsibilities of law enforcement and investigative authorities *
31 Powers of law enforcement and investigative authorities
32 Cash couriers *
General Requirements
33 Statistics
34 Guidance and feedback
Sanctions
35 Sanctions
G – INTERNATIONAL COOPERATION
36 International instruments
37 Mutual legal assistance
38 Mutual legal assistance: freezing and confiscation *
39 Extradition
40 Other forms of international cooperation
A – AML/CFT POLICIES AND COORDINATION
1 - Assessing risks & applying a risk-based approach *
2 - National cooperation and coordination
B – MONEY LAUNDERING AND CONFISCATION
3 Money laundering offence *
4 Confiscation and provisional measures *
C – TERRORIST FINANCING AND FINANCING OF PROLIFERATION
5 Terrorist financing offence *
6 Targeted financial sanctions related to terrorism & terrorist financing *
7 Targeted financial sanctions related to proliferation *
8 Non-profit organisations *
D – PREVENTIVE MEASURES
9 Financial institution secrecy laws
Customer due diligence and record keeping
10 Customer due diligence *
11 Record keeping
Additional measures for specific customers and activities
12 Politically exposed persons *
13 Correspondent banking *
14 Money or value transfer services *
15 New technologies
16 Wire transfers *
Reliance, Controls and Financial Groups
17 Reliance on third parties *
18 Internal controls and foreign branches and subsidiaries *
19 Higher-risk countries *
Reporting of suspicious transactions
20 Reporting of suspicious transactions *
21 Tipping-off and confidentiality
Designated non-financial Businesses and Professions (DNFBPs)
22 DNFBPs: Customer due diligence *
23 DNFBPs: Other measures *
THE FATF RECOMMENDATIONS
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE FINANCING OF TERRORISM & PROLIFERATION
2012 OECD/FATF 5
E – TRANSPARENCY AND BENEFICIAL OWNERSHIP
OF LEGAL PERSONS AND ARRANGEMENTS
24 Transparency and beneficial ownership of legal persons *
25 Transparency and beneficial ownership of legal arrangements *
F – POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES
Regulation and Supervision
26 Regulation and supervision of financial institutions *
27 Powers of supervisors
28 Regulation and supervision of DNFBPs
Operational and Law Enforcement
29 Financial intelligence units *
30 Responsibilities of law enforcement and investigative authorities *
31 Powers of law enforcement and investigative authorities
32 Cash couriers *
General Requirements
33 Statistics
34 Guidance and feedback
Sanctions
35 Sanctions
G – INTERNATIONAL COOPERATION
36 International instruments
37 Mutual legal assistance
38 Mutual legal assistance: freezing and confiscation *
39 Extradition
40 Other forms of international cooperation
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