AMENDMENT OF FATF 40 RECOMMENDATIONS TO ADD NEW INTERPRETATIVE NOTE

On 3^rd July, FATF advised of the addition of an Interpretative Note to Recommendation 15 which sets out the application of FATF Standards to virtual assets and service providers to the FATF Standards, with effect from June 2019.  The FATF Standards as published comprise the Recommendations themselves and their Interpretive Notes, together with the relevant definitions in the Glossary.  The full edition of the FATF Recommendations, containing the FATF Standards, was last published in October 2018.

http://www.fatf-gafi.org/publications/fatfrecommendations/documents/fatf-recommendations.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017