IIF Authors

Status: Will be live at 08/03/2018 00:00

IIF Letter on FATF Priorities

Friday, August 3, 2018

The IIF recently sent a letter outlining industry priorities for the US Presidency of the FATF. The letter asked the FATF to address six key areas: 1. a continued focus on domestic and cross-border information sharing; 2. promotion of cross-border public/private partnerships; 3. improvements to regimes for the exchange of beneficial ownership information; 4. increased effectiveness for the practical application of FATF Guidance; 5. enhancements to the use of innovation and RegTech; and 6. increased transparency and private sector engagement by the FATF.