Outcomes of the FATF plenary meeting – The Financial Action Task Force (FATF) plenary meeting under the Italian Presidency was held in Rome on 20 – 22 June 2012. The actions taken by
FATF include:
- • publication of the FATF public statement on jurisdictions with strategic anti-money laundering and combating the financing of terrorism (AML/CFT) deficiencies;
- • publication of a document entitled “Improving global AML/CFT compliance: on-going process” which covers jurisdictions with strategic AML/CFT deficiencies for which an action plan has been developed with the FATF;
- • receiving an update on progress made by Argentina and Turkmenistan;
- • calling on Turkey to enact adequate CFT legislation;
- • reviewing the voluntary tax compliance programmes in Spain, Pakistan and Curaçao; and
- • publication of three reports setting out new methods and trends in money laundering and terrorist financing.
A copy of the press release including links to documents is available.
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