This Best Practices Paper aims to provide policy makers and practitioners with guidance and best practices on how AML/CFT measures can be used to combat corruption.
FATF
This updated best practices paper reflects the latest relevant United Nations Security Council Resolutions (UNSCRs) in response to challenges faced by countries in the implementation of Recommendation 6, which requires countries to implement the targeted financial sanctions regimes to comply with UNSCRs relating to the prevention and suppression of terrorism and terrorist financing, such as UNSCR 1267(1999) and its successor resolutions, and UNSCR 1373(2001).
The new guidance assists countries in implementing not only targeted financial sanctions, but also other measures, such as activity-based financial prohibitions and vigilance measures.
1 June 2013
This Guidance examines how new and innovative payment products and services work, and how to regulate and supervise this activity in line with a risk-based approach.
This Guidance will assist in the effective implementation of these additional measures for foreign, domestic and international organisation PEPs, their family members and close associates, as set out in Recommendations 12 and 22.
1 February 2013
This Guidance focuses on ensuring that AML/CFT controls do not inhibit access to well regulated financial services for financially excluded and underserved groups, including low income, rural sector and undocumented groups.