Policy Development Group
E92383
The Policy Development Group is a specialized working group within the Financial Action Task Force that designs and refines global standards and policies to combat money laundering and terrorist financing.
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
FATF working group
→
working group → |
| affiliatedWith |
FATF Secretariat
→
|
| affiliation |
intergovernmental organization
→
|
| collaboratesWith |
FATF Evaluation and Compliance Group
→
FATF Risk, Trends and Methods Group → |
| composedOf |
representatives of FATF member jurisdictions
→
representatives of FATF observer organizations → |
| field |
anti-money laundering
→
counter-terrorist financing → financial crime policy → |
| focusesOn |
beneficial ownership transparency
→
designated non-financial businesses and professions → financial inclusion and AML/CFT policy → international cooperation in AML/CFT policy → money laundering → new payment methods and technologies → proliferation financing → risk-based approach in AML/CFT → targeted financial sanctions → terrorist financing → virtual assets and virtual asset service providers → |
| goal |
to ensure FATF standards remain up to date and responsive to new risks
→
to strengthen the effectiveness of global AML/CFT regimes → |
| jurisdiction |
global
→
|
| language |
English
→
|
| meetsAt |
FATF plenary meetings
→
|
| partOf |
Financial Action Task Force
→
|
| produces |
best practice papers
→
guidance documents → interpretive notes proposals → policy reports → revisions to FATF Recommendations → |
| purpose |
to develop global standards to combat money laundering and terrorist financing
→
to provide policy guidance on emerging money laundering and terrorist financing risks → to refine and update FATF Recommendations → |
| reportsTo |
FATF Plenary
→
FATF President → |
| scopeOfWork |
analysis of policy implications of new and emerging risks
→
design of FATF policies and standards → development of guidance papers and best practices → refinement of existing FATF standards → |
| sector |
financial integrity
→
international financial regulation → |
| shortName |
PDG
→
|
| usesInstrument |
FATF Recommendations
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
Financial Action Task Force
→
|
hasWorkingGroup |