ACAMS
CAMS · Question #485
Which statements relate to the mandate, roles, and responsibilities of the Financial Action Task Force (FATF) and the FATF-Style Regional Bodies (FSRBs)? (Select Two).
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which statements relate to the mandate, roles, and responsibilities of the Financial Action Task Force (FATF) and the FATF-Style Regional Bodies (FSRBs)? (Select Two).
Options
- AIn the process of setting standards. FATF will only consider inputs from its member countries as
- BFSRBs have the right to develop standards with which their member countries are bound to
- CFSRBs play an essential role in identifying and addressing AML technical assistance needs for
- DFATF and FSRBs are free-standing organizations that share the common goals of combating
- EFATF member countries cannot be members of an FSRB at the same time.
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Topics
#FATF#FSRBs#technical assistance#international standards