Financial Action Task Force keeps Pakistan in Greylist, FATF role explained, Current Affairs 2019
The Financial Action Task Force (on Money Laundering) (FATF), is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.[2] In 2001 its mandate expanded to include terrorism financing. It monitors progress in implementing the FATF Recommendations through "peer reviews" ("mutual evaluations") of member countries. The FATF Secretariat is housed at the OECD headquarters in Paris.
In this video, we have tried to give you the summarised knowledge of FATF....It will be helpful in various competetive exam like SSC, UPSC, States PCS etc....
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