ACAMS
CAMS · Question #448
Which is a characteristic of the Financial Action Task Force (FATF) 40 recommendations?
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which is a characteristic of the Financial Action Task Force (FATF) 40 recommendations?
Options
- AThey enable FATF's active engagement in law enforcement matters, investigations, or
- BThey are automatically transposed into local law across the EU member states and the US.
- CThey provide a list of mandatory requirements for an effective AML regulatory framework.
- DThey comprise global standards for countering money laundering, recognized by government
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Topics
#FATF recommendations#global standards#AML framework