FATF publishes annual report

The FATF annual report for 2024-5 highlights:

• the finalisation of the changes to Recommendation 16 on international requirements for payment transparency and strengthening of recommendation 1 on the risk-based approach;
• the new guidance on financial inclusion in respect of AML/CFT measures;
• a series of new reports on evolving risks;
• the good collaboration with the private sector; and
• the upcoming round of peer group assessments.