AMENDMENT OF FATF 40 RECOMMENDATIONS TO ADD NEW INTERPRETATIVE NOTE

On 3rd 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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s