FATF-style regional bodies

Eight FATF-style regional bodies (FSRBs) have been established for the purpose of disseminating international standards (40 9 FATF Recommendations) throughout the world.

The main task of the regional bodies is to devise systems for combating money laundering and terrorist financing in their respective regions.

The FSRBs conduct evaluations of the AML/CFT systems of the member states and make recommendations for their improvement. The regional bodies are also involved in the study of typologies – the most common schemes used by criminals for money laundering and terrorist financing.

Based on the results of the typological research, the best practices are disseminated to the private sector, oversight and regulatory bodies, law enforcement and the scientific community.

FATF-style regional bodies:

Group of International Finance Center Supervisors has functions similar to those of FSRBs.

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    EAG in the news

    03.10.2017
    Participation in the MONEYVAL Plenary The interagency government delegation – led by Rosfinmonitoring and comprised of representatives of the Russian Foreign Ministry, Finance Ministry, Federal Security Service and the Bank or Russia – took part in the meeting of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and Financing of Terrorism (MONEYVAL), held in Strasbourg on September 26-28
    25.09.2017
    III International seminar "Effective supervision as a mechanism for ensuring transparency and stability of the financial system" was conducted in Moscow On September 20-21, III International seminar "Effective supervision as a mechanism for ensuring transparency and stability of the financial system" was conducted in Moscow
    22.09.2017
    Following the seminar on "Best Practices and International Standards on Preventing the Abuse of NPOs for the Purpose of Terrorist Financing" On September 20, 2017, in Astana, the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan, in conjunction with the OSCE Programme Office in Astana, conducted a training seminar on "Best Practices and International Standards on Preventing the Abuse of Non-profit Organizations (NPOs) for the Purpose of Terrorist Financing"
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