Meaning of FATF | Babel Free

Definitions

Initialism of Financial Action Task Force: an intergovernmental body established by the G7 Summit in 1989 to combat money laundering and (more recently) the financing of terrorism.

abbreviation, alt-of, initialism

Examples

“The UAE was put on a “grey list” by the global watchdog the Financial Action Task Force (FATF) in March because of deficiencies in its measures to combat money laundering and other financial crimes.”

CEFR level