The updated FATF Guidance for a risk-based approach to virtual assets and virtual asset service providers (VASPs) is intended to help countries and virtual asset service providers understand their anti-money laundering and counter-terrorist financing obligations, and effectively implement the FATF’s requirements as they apply to this sector.
FATF
28 October 2021
The Guidance aims to support countries, financial institutions, designated non-financial businesses and professions (DNFBPs) and virtual asset service providers (VASPs) to effectively implement FATF requirements on proliferation financing risk assessment and mitigation, introduced in October 2020.
6 March 2020
FATF Guidance on Digital Identity
24 October 2019
The best practices paper contains cases and examples from across the global network of FATF and FATF-Style regional bodies' members to help countries better implement requirements on transparency regarding beneficial ownership of companies, foundations, associations and other types of legal persons, and prevent their abuse for financial crimes and terrorism.
The risk-based approach Guidance for the accounting profession highlights the need for a sound assessment of the money laundering and terrorist financing risks that accountants face so that their policies, procedures and ongoing customer due diligence measures mitigate these risks.
The guidance aims to support legal professionals in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.
The guidance aims to support trust and company service providers in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.
26 October 2018
This non-binding guidance aims to support the design and implementation of the risk-based approach for securities products and services, by providing specific guidance and examples for securities providers and their supervisors.
25 October 2018
This non-binding guidance aims to support the design and implementation of the risk-based approach for life insurance products and services, by providing specific guidance and examples for life insurance providers and their supervisors.
4 November 2017
The objective of this updated FATF report is to encourage countries to make use of the FATF Recommendations’ flexibility to provide sound financial services to the financially excluded.