FATF is consulting again on its review of its standards. This paper seeks views on the Recommendations that address:

  • beneficial ownership;
  • data protection and privacy;
  • group-wide compliance programmes;
  • wire transfers;
  • targeted sanctions on terrorist and proliferation financing;
  • the Financial Intelligence Unit; and
  • international co-operation.

FATF asks for comments by 16 September. (Source: Second Consultation on FATF Standards)