
FATF publishes survey results on cross-border payments and the implementation of its standards
The Financial Action Task Force (FATF) says it has published its final report on its survey to identify areas where divergent anti-money laundering and counter financing of terrorism (AML/CFT) rules or their implementation cause friction for cross-border payments.
Cross-border Payments – Survey Results on the Implementation of the FATF Standards is the product of a project launched by the FATF in February this year to study and mitigate the unintended consequences resulting from the incorrect implementation of the FATF standards.
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