FinancialCrime.lu

Fighting Financial Crime. Strengthening Integrity.

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Combating Financial Crime

Welcome to FinancialCrime.lu

Welcome to FinancialCrime.lu, where we unite to combat financial misconduct and promote integrity in the financial world.

Our mission is to provide a platform for professionals, experts, and individuals passionate about preventing and addressing financial crime.

We aim to:

  • Educate and Inform: Share knowledge on the latest trends, techniques, and tools used to fight financial crime.
  • Collaborate and Connect: Bring together a diverse network of professionals dedicated to safeguarding financial systems.
  • Advocate for Integrity: Promote ethical practices and transparency across all sectors.

Be part of a community that values integrity and is committed to making a difference. Together, we can create a safer financial environment for everyone.

Articles

Take a look at our Articles to find out more. Explore guidelines, reports, and commentaries that translate complex topics into clear takeaways. New pieces are added regularly, with references and links for further reading.
FATF ¦ New FATF Report Urges Use of Public-Private Partnerships to Combat Illicit Finance

FATF ¦ New FATF Report Urges Use of Public-Private Partnerships to Combat Illicit Finance

Why Public-Private Partnerships Are Becoming Essential The FATF’s July 2026 report on information sharing to...

By Bastian Schwind-Wagner, on 08 Jul 2026
EP ¦ Hearing with Bruna Szego, Chair of the AMLA

EP ¦ Hearing with Bruna Szego, Chair of the AMLA

AMLA’s first test: turning EU anti-money laundering reform into real supervision The European Union’s new...

By Bastian Schwind-Wagner, on 08 Jul 2026
Tax Justice Network ¦ Integrating the Collection, Use and Exchange of Real Estate Ownership Information

Tax Justice Network ¦ Integrating the Collection, Use and Exchange of Real Estate Ownership Information

Why real estate transparency matters Real estate is one of the most attractive assets for...

By Bastian Schwind-Wagner, on 07 Jul 2026
FALCON ¦ Policy Brief No. 6 Recommendations for Combatting Corruption of Politically Exposed Persons

FALCON ¦ Policy Brief No. 6 Recommendations for Combatting Corruption of Politically Exposed Persons

Why PEPs Matter in Financial Crime Detection Politically Exposed Persons, or PEPs, sit at the...

By Bastian Schwind-Wagner, on 05 Jul 2026
EU AMLR Package and Football Clubs as Obliged Entities

EU AMLR Package and Football Clubs as Obliged Entities

Football clubs enter the EU AML framework The EU anti-money laundering package adopted in 2024...

By Bastian Schwind-Wagner, on 30 Jun 2026
AMLA ¦ Advisory Note: ML/TF Risks Resulting from the End of the MiCAR Transitional Period

AMLA ¦ Advisory Note: ML/TF Risks Resulting from the End of the MiCAR Transitional Period

A major shift in the EU crypto market The end of the MiCAR transitional period...

By Bastian Schwind-Wagner, on 29 Jun 2026
+ more articles

Videos and Audio

Discover our Videos and Audio page to expand your knowledge. Explore expert insights, case breakdowns, and explainers across key subjects.
FATF Report ¦ Complex Proliferation Financing and Sanctions Evasion Schemes

FATF Report ¦ Complex Proliferation Financing and Sanctions Evasion Schemes

FATF Report highlights major gaps in global response to Proliferation Financing and Sanctions Evasion A...

By Bastian Schwind-Wagner, on 20 Jun 2025
MoJ ¦ 2025 National Risk Assessment Money Laundering

MoJ ¦ 2025 National Risk Assessment Money Laundering

Luxembourg updates its national money laundering risk assessment Luxembourg has completed its 2025 National Risk...

By Bastian Schwind-Wagner, on 27 May 2025
+ more videos and audio

Rulings and Fines

Visit our Rulings and Fines page to explore case law and measures. Review summaries with key facts, legal bases, and outcomes for each decision.
Ruling [DEU] ¦ The Yacht Ruling: A Practical Sanctions Problem Reaches the Court

Ruling [DEU] ¦ The Yacht Ruling: A Practical Sanctions Problem Reaches the Court

German Court Clarifies Who Decides Whether a Yacht Is Frozen Under EU Russia Sanctions A...

By Bastian Schwind-Wagner, on 11 Jun 2026
Ruling [CJEU] ¦ EU Court Limits Automatic Banking Refusals Based on OFAC Listings

Ruling [CJEU] ¦ EU Court Limits Automatic Banking Refusals Based on OFAC Listings

A significant ruling for financial crime compliance On 11 June 2026, the Court of Justice...

By Bastian Schwind-Wagner, on 11 Jun 2026
Ruling [EGC] ¦ General Court Backs EPPO Access to Witness Testimony in Court of Auditors Investigation

Ruling [EGC] ¦ General Court Backs EPPO Access to Witness Testimony in Court of Auditors Investigation

A ruling with direct relevance for EU financial crime enforcement On 10 June 2026, the...

By Bastian Schwind-Wagner, on 10 Jun 2026
Ruling [CJEU] ¦ EU Court Sets a Broad Standard for Sanctions Control Over Trust Assets

Ruling [CJEU] ¦ EU Court Sets a Broad Standard for Sanctions Control Over Trust Assets

Trust Structures Are Not a Safe Shield Against Freezing Measures The Court of Justice of...

By Bastian Schwind-Wagner, on 21 May 2026
Ruling [CJEU] ¦ Sanctions, Trusts and Control: CJEU Confirms That Asset Freezes Can Reach Trust Property

Ruling [CJEU] ¦ Sanctions, Trusts and Control: CJEU Confirms That Asset Freezes Can Reach Trust Property

A significant ruling for sanctions compliance The Court of Justice of the European Union (CJEU)...

By Bastian Schwind-Wagner, on 21 May 2026
Ruling [CJEU] ¦ AML: Subject to a Legitimate Interest, the Public has Access to Information on the Beneficial Ownership of Trust Mandates Governed by Italian Law

Ruling [CJEU] ¦ AML: Subject to a Legitimate Interest, the Public has Access to Information on the Beneficial Ownership of Trust Mandates Governed by Italian Law

EU Court confirms public access to beneficial ownership data for Italian trust mandates The Court...

By Bastian Schwind-Wagner, on 21 May 2026
+ more rulings and fines

Research

Discover our Research page to learn more and dive deeper. Access white papers, surveys, and methodology notes with transparent sources and datasets.
Recurrence, Scale, and Risk-Based Monitoring in Money Laundering: Temporal Displacement under Cumulative Enforcement

Recurrence, Scale, and Risk-Based Monitoring in Money Laundering: Temporal Displacement under Cumulative Enforcement

How AML reshapes the timing of laundering Modern anti-money laundering (AML) practice evaluates transactions in...

By Bastian Schwind-Wagner, on 07 Apr 2026
Open Ownership ¦ Research Symposium Synthesis Report: Evidence and Impact of Beneficial Ownership Transparency

Open Ownership ¦ Research Symposium Synthesis Report: Evidence and Impact of Beneficial Ownership Transparency

Beneficial ownership transparency is moving beyond AML – and the evidence is catching up Beneficial...

By Bastian Schwind-Wagner, on 07 Apr 2026
Hidden Ownership in Suspicious Transactions - Experimental Evidence on AML Reporting Priorities in Norway

Hidden Ownership in Suspicious Transactions - Experimental Evidence on AML Reporting Priorities in Norway

Hidden ownership underestimated: Norwegian AML professionals rank origin of funds above beneficial ownership Concealing who...

By Bastian Schwind-Wagner, on 28 Mar 2026
EJRR ¦ Governing Money Laundering as a Collective-Action Problem: The AMLA

EJRR ¦ Governing Money Laundering as a Collective-Action Problem: The AMLA

Governing money laundering as a collective-action problem – What AMLA means for Europe’s fight against...

By Bastian Schwind-Wagner, on 24 Mar 2026
+ more research

Talks

Browse our Talks page to gain valuable insights from other experts. Watch keynote sessions, panel discussions, and Q&As with practitioners across industries.
FATF ¦ Launching the FATF's Roadmap 26-28 on Combatting Fraud

FATF ¦ Launching the FATF's Roadmap 26-28 on Combatting Fraud

A New Phase in Global Anti-Financial Crime Action The launch of the FATF’s Roadmap 26–28...

By Bastian Schwind-Wagner, on 01 Jul 2026
Transcrime ¦ Criminal Red Flags in AML Due Diligence for High-Risk Customers and Supply Chains (DATACROS III)

Transcrime ¦ Criminal Red Flags in AML Due Diligence for High-Risk Customers and Supply Chains (DATACROS III)

Organized crime has changed its shape Organized crime has become more fluid, more corporate, and...

By Bastian Schwind-Wagner, on 29 Jun 2026
AFME ¦ From Rulebook to Reality – Preparing for the EU AML Framework

AFME ¦ From Rulebook to Reality – Preparing for the EU AML Framework

A turning point for Europe’s anti-money laundering regime The European Union’s anti-money laundering framework is...

By Bastian Schwind-Wagner, on 24 Jun 2026
AMLA ¦ Conference Panel 3: “Financial Crime and Technology: Risks and Responses in a Digital Age”

AMLA ¦ Conference Panel 3: “Financial Crime and Technology: Risks and Responses in a Digital Age”

Why technology is both the threat and the answer Financial crime is changing fast. What...

By Bastian Schwind-Wagner, on 09 Jun 2026
AMLA ¦ Conference Panel 2: “AMLA in Practice: Supervision and Cooperation”

AMLA ¦ Conference Panel 2: “AMLA in Practice: Supervision and Cooperation”

Why AMLA was needed The creation of the EU Anti-Money Laundering Authority, AMLA, reflects a...

By Bastian Schwind-Wagner, on 09 Jun 2026
AMLA ¦ Conference Panel 1: “The Role of Financial Intelligence in the Fight Against Transnational Organised Crime”

AMLA ¦ Conference Panel 1: “The Role of Financial Intelligence in the Fight Against Transnational Organised Crime”

Quality over quantity is becoming the new rule At the AMLA Conference session on the...

By Bastian Schwind-Wagner, on 09 Jun 2026
+ more talks

Templates

We provide Templates that can give you a valuable head start — from customizable checklists and policy drafts to ready‑to‑use forms and workflows, helping you save time and ensure consistent, high‑quality results.
Luxembourg Investment Fund ¦ Prospectus ¦ suggested wording for a “Financial Crime Risk Notice”

Luxembourg Investment Fund ¦ Prospectus ¦ suggested wording for a “Financial Crime Risk Notice”

Anyone investing in an investment fund expects clear information about opportunities and risks. In addition...

By Bastian Schwind-Wagner, on 11 Jul 2025
AML/CFT/CPF Risk Appetite Statement for “Luxembourg Investment Fund (Manager)”

AML/CFT/CPF Risk Appetite Statement for “Luxembourg Investment Fund (Manager)”

This AML/CFT/CPF Risk Appetite Statement template can be used to define an entity’s tolerance for...

By Bastian Schwind-Wagner, on 09 Jul 2025
+ more templates

Podcasts and Webcasts

Listen to our valuable and insightful Podcasts and Webcasts. Hear practitioners discuss real cases, emerging trends, and practical tips you can apply.
Welcome!

Welcome!

Welcome to the Financial Crime Community! We are thrilled to welcome you to our global...

By Bastian Schwind-Wagner, on 28 Oct 2024

EU Sanctions Helpdesk

EU Sanctions Helpdesk The EU Sanctions Helpdesk platform supports European operators in complying with European Union restrictive measures (also known as sanctions) imposed worldwide. Aimed primarily at Small and Medium-sized Enterprises (SMEs), the Helpdesk offers resources and personalised help to companies performing sanctions due diligence checks.
get free support

What else?

What else?
Business

Business

At FinancialCrime.lu, we delve into the intricate relationship between business practices and financial crime through...

By Bastian Schwind-Wagner, on 27 Oct 2024
Compliance

Compliance

Compliance serves as an indispensable tool in the fight against financial crime, and at FinancialCrime.lu,...

By Bastian Schwind-Wagner, on 27 Oct 2024
Technology

Technology

Technology plays a crucial role in both the perpetration and prevention of financial crime. At...

By Bastian Schwind-Wagner, on 27 Oct 2024

FATF ¦ R.1 As­sess­ing Risks and Ap­ply­ing a Risk-Based Ap­proach

Rec­om­men­da­tion 1: Put­ting Risk at the Cen­ter of AML/CFT and Pro­lif­er­at­ion Fi­nan­cing Con­trols

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FATF ¦ R.2 Na­ti­o­nal Co­o­pe­ra­tion and Co­or­di­na­tion

Rec­om­men­da­tion 2: Strength­en­ing Na­ti­o­nal Co­o­pe­ra­tion and Co­or­di­na­tion in AML/CFT/CPF

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FATF ¦ R.3 Mon­ey Laun­der­ing Of­fence

Rec­om­men­da­tion 3: Crim­i­nal­is­ing Mon­ey Laun­der­ing for Mod­ern Fi­nan­cial Crime Con­trol

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FATF ¦ R.4 Con­fis­ca­tion and Pro­vi­sio­nal Mea­su­res

Rec­om­men­da­tion 4: Strength­en­ing As­set Re­co­ve­ry to De­ter Fi­nan­cial Crime

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FATF ¦ R.5 Ter­ro­rist Fi­nan­cing Of­fen­ce

Rec­om­men­da­tion 5: Buil­ding Strong Le­gal Foun­da­tions to Com­bat Ter­ro­rist Fi­nan­cing

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FATF ¦ R.6 Tar­get­ed Fi­nan­cial Sanc­tions re­lat­ed to Ter­ror­ism and Ter­ror­ist Fi­nan­cing

Rec­om­men­da­tion 6: From De­sig­na­tion to Com­mu­ni­ca­tion, Make Every Sec­ond Count a­gainst Ter­ror Fi­nan­cing

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FATF ¦ R.7 Tar­get­ed Fi­nan­cial Sanc­tions re­lat­ed to Pro­lif­er­a­tion

Rec­om­men­da­tion 7: Tar­get­ed Fi­nan­cial Sanc­tions to Coun­ter WMD Pro­lif­er­a­tion

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FATF ¦ R.8 Non-Prof­it Or­ga­ni­sa­tions

Rec­om­men­da­tion 8: Pro­tect­ing Non-Prof­it Or­ga­ni­sa­tions from Ter­ror­ist Fi­nan­cing A­buse

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FATF ¦ R.9 Fi­nan­cial In­sti­tu­tion Se­cre­cy Laws

Rec­om­men­da­tion 9: En­sur­ing Se­cre­cy Laws Don’t Shield Fi­nan­cial Crime

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FATF ¦ R.10 Cus­to­mer Due Dil­i­gence

Rec­om­men­da­tion 10: Get­ting Cus­to­mer Due Dil­i­gence Right

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FATF ¦ R.11 Re­cord-Keep­ing

Rec­om­men­da­tion 11: The Back­bone of Ef­fec­tive Fi­nan­cial Crime Com­pli­ance

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FATF ¦ R.12 Po­lit­i­cal­ly Ex­posed Per­sons

Rec­om­men­da­tion 12: Man­ag­ing Po­lit­i­cal­ly Ex­posed Per­sons in Fi­nan­cial In­sti­tu­tions

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FATF ¦ R.13 Cor­res­pon­dent Bank­ing

Rec­om­men­da­tion 13: Strengt­hen­ing Con­trols to Com­bat Fi­nan­cial Crime

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FATF ¦ R.14 Mon­ey or Val­ue Trans­fer Ser­vices (MVTS)

Rec­om­men­da­tion 14: Strength­en­ing Over­sight of Mon­ey or Val­ue Trans­fer Ser­vices

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FATF ¦ R.15 New Tech­no­lo­gies

Rec­om­men­da­tion 15: Man­a­ging Risks from New Tech­no­log­ies in Fi­nan­cial Crime Pre­ven­tion

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FATF ¦ R.16 Pay­ment Trans­par­en­cy

Rec­om­men­da­tion 16: Strength­en­ing Pay­ment Trans­par­en­cy to Coun­ter Fi­nan­cial Crime

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FATF ¦ R.17 Rel­i­ance on Third Par­ties

Rec­om­men­da­tion 17: How Far Can You Re­ly On Third Par­ties For CDD?

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FATF ¦ R.18 In­ternal Con­trols and For­eign Branch­es and Sub­sid­iar­ies

Rec­om­men­da­tion 18: In­ternal Con­trols, Group Pro­grammes and For­eign Branch­es – What Fi­nan­cial In­sti­tu­tions Need To Do

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FATF ¦ R.19 High­er-Risk Coun­tries

Rec­om­men­da­tion 19: Man­ag­ing High­er-Risk Coun­tries in Fi­nan­cial Crime Com­pli­ance

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FATF ¦ R.20 Re­port­ing of Sus­pi­cious Trans­ac­tions

Rec­om­men­da­tion 20: Why it is the Back­bone of Sus­pi­cious Trans­ac­tion Re­port­ing

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FATF ¦ R.21 Tipp­ing-Off and Con­fi­den­ti­al­i­ty

Rec­om­men­da­tion 21: Tipp­ing-Off and Con­fi­den­ti­al­i­ty in Fi­nan­cial Crime Com­pli­ance

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FATF ¦ R.22 DNFBPs: Cus­to­mer Due Dil­i­gence

Rec­om­men­da­tion 22: Why DNFBPs Can No Long­er Sit on the Side­lines of AML/CFT

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FATF ¦ R.23 DNFBPs: Oth­er Mea­sures

Rec­om­men­da­tion 23: Expand­ing the Net - How It Shapes AML/CFT Du­ties for DNFBPs

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FATF ¦ R.24 Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Per­sons

Rec­om­men­da­tion 24: Strengthening Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Per­sons

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FATF ¦ R.25 Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Ar­range­ments

Rec­om­men­da­tion 25: Strength­en­ing Trans­par­en­cy and Be­ne­fi­cial Own­er­ship of Le­gal Ar­range­ments

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FATF ¦ R.26 Reg­u­la­tion and Su­per­vi­sion of Fi­nan­cial In­sti­tu­tions

Rec­om­men­da­tion 26: Strength­en­ing Reg­u­la­tion and Su­per­vi­sion of Fi­nan­cial In­sti­tu­tions

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FATF ¦ R.27 Pow­ers of Su­per­vi­sors

Rec­om­men­da­tion 27: Why Strong Su­per­vi­so­ry Pow­ers Are Es­sen­tial in the Fight Against Fi­nan­cial Crime

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FATF ¦ R.28 Re­gu­la­tion and Su­per­vi­sion of DNFBPs

Rec­om­men­da­tion 28: Build­ing Ef­fec­tive DNFBP Over­sight

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FATF ¦ R.29 Finan­cial In­tel­li­gence Units

Rec­om­men­da­tion 29: Strength­en­ing the Finan­cial In­tel­li­gence Unit as the Cor­ner­stone of AML/CFT Op­er­a­tions

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FATF ¦ R.30 Res­pon­si­bil­i­ties of Law En­force­ment and In­vesti­ga­tive Au­thorities

Rec­om­men­da­tion 30: Clos­ing the Gap Be­tween Predi­cate Crimes and As­set Re­cov­ery

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FATF ¦ R.31 Pow­ers of Law En­force­ment and In­ves­ti­ga­tive Au­thor­i­ties

Rec­om­men­da­tion 31: Why Strong In­ves­ti­ga­tive Pow­ers Mat­ter In Fi­nan­cial Crime Cas­es

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FATF ¦ R.32 Cash Couriers

Rec­om­men­da­tion 32: Tackl­ing Cash Couriers to Pre­vent Mo­ney Laun­der­ing and Ter­ror­ist Fi­nan­cing

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FATF ¦ R.33 Sta­tis­tics

Rec­om­men­da­tion 33: Why Strong AML/CFT Sta­tis­tics are a Stra­te­gic Ne­ces­si­ty

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FATF ¦ R.34 Gui­dance and Feed­back

Rec­om­men­da­tion 34: Tur­ning Gui­dance and Feed­back into Real AML Im­pact

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FATF ¦ R.35 Sanc­tions

Rec­om­men­da­tion 35: Ac­count­a­bil­i­ty at the Top

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FATF ¦ R.36 In­ter­na­tion­al In­stru­ments

Rec­om­men­da­tion 36: The Back­bone of Glob­al Fin­an­cial Crime Con­trol

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FATF ¦ R.37 Mu­tual Le­gal As­sis­tance

Rec­om­men­da­tion 37: Why Mu­tual Le­gal As­sis­tance is Vi­tal to Fight­ing Fi­nan­cial Crime

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FATF ¦ R.38 Mu­tu­al Le­gal As­sis­tance: Freez­ing and Con­fis­ca­tion

Rec­om­men­da­tion 38: Why Fast Cross‑Bor­der Freez­ing and Con­fis­ca­tion Mat­ter in Fi­nan­cial Crime Cas­es

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FATF ¦ R.39 Ex­tra­di­tion

Rec­om­men­da­tion 39: Why Ef­fec­tive Ex­tra­di­tion is Crit­i­cal to Fight­ing Fi­nan­cial Crime

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FATF ¦ R.40 O­ther Forms of In­ter­na­tion­al Co­op­er­a­tion

Rec­om­men­da­tion 40: Strength­en­ing Cross-Bor­der Co­op­er­a­tion to Tack­le Fi­nan­cial Crime

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FATF ¦ IO1 Risk, Pol­i­cy and Co­or­di­na­tion

Im­med­i­ate Out­come 1: I­den­ti­fy­ing, As­sess­ing and Co­or­di­nat­ing Do­mes­tic Ac­tion to Com­bat ML and TF

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FATF ¦ IO2 In­ter­na­tion­al Co­op­er­a­tion

Im­med­i­ate Out­come 2: In­ter­na­tion­al Co­op­er­a­tion that De­li­vers In­for­ma­tion, In­tel­li­gence and Ac­tion

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FATF ¦ IO3 Su­per­vi­sion

Im­med­i­ate Out­come 3: Strength­en­ing Su­per­vi­sion and Pri­vate‑Sec­tor Com­pli­ance to Re­duce ML/TF Risks

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FATF ¦ IO4 Pre­ven­tive Meas­ures

Im­med­i­ate Out­come 4: Strength­en­ing Su­per­vis­ion and Risk-Based Com­pli­ance of DNFBPs

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FATF ¦ IO5 Legal Per­sons and Ar­range­ments

Im­med­i­ate Out­come 5: Strength­en­ing Tran­spar­en­cy of Le­gal Per­sons and Ar­range­ments to Coun­ter Fi­nan­cial Crime

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FATF ¦ IO6 Fi­nan­cial In­tel­li­gence

Im­med­i­ate Out­come 6: From Re­ports to Re­sults

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FATF ¦ IO7 Mon­ey Laund­er­ing In­ves­ti­ga­tion & Pro­se­cu­tion

Im­med­i­ate Out­come 7: En­sur­ing Cross-Bor­der Mon­ey Laund­er­ing Ca­ses Lead to Con­vic­tions

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FATF ¦ IO8 Con­fis­ca­tion

Im­med­i­ate Out­come 8: Mak­ing Crime Un­prof­it­a­ble — Mea­sur­ing As­set Re­cov­er­y Ef­fec­tive­ness

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FATF ¦ IO9 TF In­ves­ti­ga­tion & Pro­se­cu­tion

Im­med­i­ate Out­come 9: In­ves­ti­ga­ting, Pro­se­cu­ting and Sanc­tion­ing Ter­ror­ist Fi­nan­cing

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FATF ¦ IO10 TF Pre­vent­ive Meas­ures & Fi­nan­cial Sanc­tions

Im­med­i­ate Out­come 10: Pre­vent­ing Ter­ror­ists and Ter­ror­ist Fi­nan­ciers from Rais­ing, Mov­ing and Us­ing Funds

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FATF ¦ IO11 PF Fin­an­cial Sanc­tions

Im­med­i­ate Out­come 11: Pre­vent­ing the Fi­nanc­ing of Wea­pons of Mass De­struc­tion

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