Site icon FIN.

FATF consults on information sharing

FATF is consulting on draft guidance on private sector information sharing. The guidance considers the issues faced by financial institutions when sharing information for AML/CFT purposes both within and outside their corporate groups, and where the information is shared cross-border.  The draft guidance also gives examples of how data protection and privacy authorities have collaborated with AML/CFT authorities, and how different countries have worked to allow financial institutions to share information.

FATF asks for comments by 31 July.

Exit mobile version