FATF mandate renewed for eight years

The Financial Action Task Force held a Ministerial meeting on 14 May on the margins of the OECD Ministerial Council Meeting. The representatives from FATF's 33 members reaffirmed their commitment to the FATF and renewed the FATF's mandate to combat money laundering and terrorist financing for a further eight years.

This record 8-year mandate1 demonstrates that the members of FATF remain united in their commitment to combat terrorism and international crime, and is a sign of their confidence in