Recommendation 19 of the FATF Standards and Operationalization of Regulation 44 of the AML Regulations, 2015
The Financial Action Task Force (FATF) an international body that identifies deficiencies in Jurisdictions and sets international standards to combat money laundering, counter terrorist financing and Proliferation Financing (AML/CFT/CPF) has issued a public statement updating its lists of jurisdictions with strategic AML/CFT/CPF deficiencies following its plenary meeting in October 2021.