Financial Crime World

FATF Recommendations

The Caribbean Financial Action Task Force (CFATF) provides information about the implementation and compliance of the Financial Action Task Force (FATF) anti-money laundering and terrorist financing standards by its member jurisdictions. This page focuses on the FATF 40 Recommendations and related initiatives.

About the FATF

The Financial Action Task Force (FATF) is an international organization that sets standards for identifying and combating money laundering, terrorist financing, and other related threats to the financial system.

FATF 40 Recommendations

The 40 FATF Recommendations cover the following areas:

  1. Risk Assessment and Understanding of Money Laundering and Terrorist Financing Threats
  2. Customer Due Diligence
  3. Record Keeping and Reporting Suspicious Transactions
  4. International Cooperation
  5. Technical Assistance and Capacity Building

FATF Recommendations for each Area

For more detailed information about each area, visit the FATF Recommendations page.

For more information on FATF and related topics, you may find the following pages helpful: