FIN.

FATF publishes plenary outcome

FATF has published the outcome of its February plenary meeting.

  • it approved new guidance on risk-based supervision;
  • it will update its guidance on virtual assets and VASPs;
  • it has agreed new guidance on proliferation financing;
  • studies show the need for improvement in terrorist financing investigations and prosecutions;
  • it agreed shortly to report on its work on tackling illicit arms trafficking and terrorist financing; and
  • its list of high-risk jurisdictions remains unchanged, but Burkina Faso, the Cayman Islands, Morocco and Senegal are now newly subject to increased monitoring.

Emma Radmore