International anti-money laundering body established in 1989 with the purpose of sharing intelligence on high-risk countries among regulators and informing the public about such non-cooperating countries. The FATF is headquartered in Paris. Advisories from the FATF to national supervisors have led to numerous special audits of institutions in recent years. – See supervision, indirect, observation note, steam room, dingo values, forgeries, money laundering, high-risk countries, offshore financial centers, angle brokers. – See also ECB Monthly Report, February 2002, p. 72; Deutsche Bundesbank Annual Report 2002, p. 105, BaFin Annual Report 2002, p. 38, BaFin Annual Report 2003, p. 44, BaFin Annual Report 2004, p. 39 (extension of FATF mandate for another eight years), p. 80 (list of countries not cooperating in the field of money laundering prevention), BaFin Annual Report 2007, p. 213 (fact sheet on risk-oriented anti-money laundering; country evaluations for money laundering), BaFin Annual Report 2008, p. 206 (Uzbekistan and Iran refuse to cooperate; on-site inspections), BaFin Annual Report 2009, p. 234 (in-depth examination in Germany), BaFin Annual Report 2013, p. 55 f. (FATF issues guidance on money laundering as well as with respect to politically exposed persons), and the respective BaFin Annual Report, chapter “Cross-Sectional Tasks.”
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/