The Financial Action Task Force on Money Laundering will hold an emergency meeting to address initiatives to combat terrorist financing.
This emergency meeting represents FATF’s commitment to ensure that the international financial system cannot be misused by terrorists and those who channel funds to them. Since the September 11 attacks, governments and financial industry regulators around the world have been introducing measures to disrupt and seize terrorist financing. The extraordinary plenary meeting is set for Washington D.C. on October 29-30.
“The FATF, the leading international body in the global fight against money laundering, will provide its expertise and energy to the related battle against the financing of terrorism,” said Clarie Lo, president of the FATF.