Which is a key role of FATF-Style Regional Bodies (FSRBs)?
A.
Support the system of mutual evaluation
Most Votes
B.
Setting regional standards for combatting money laundering
C.
Bring additional terrorist financing laws into action in the region
D.
Enforce the specific FATF laws in the region
Answer:
A
User Votes:
A 14 votes
50%
B 14 votes
50%
C 1 votes
50%
D 6 votes
50%
Discussions
0/ 1000
ronbea04
1 year ago
The main task of FSRBs is to set up systems for combating money laundering, financing of terrorism and proliferation in their respective regions.
aseel
6 months ago
A. Support the system of mutual evaluation
sarah.husain
3 weeks, 2 days ago
FSRBs play an essential role in identifying and addressing whatever AML/CFT technical assistance their individual members might need. FSRBs that coordinate technical assistance for their members also offer mutual evaluation and follow-up processes.
alban_999
5 days, 14 hours ago
Option A is fundamental role of FATF-Style Regional Bodies (FSRBs) as they help ensure that member countries are assessed and monitored for compliance with FATF standards, but even B is relevant as FATF-Style Regional Bodies (FSRBs) play a crucial role in adapting and implementing FATF standards to fit regional contexts and needs.
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The main task of FSRBs is to set up systems for combating money laundering, financing of terrorism and proliferation in their respective regions.
A. Support the system of mutual evaluation
FSRBs play an essential role in identifying and addressing whatever
AML/CFT technical assistance their individual members might need. FSRBs
that coordinate technical assistance for their members also offer mutual
evaluation and follow-up processes.
Option A is fundamental role of FATF-Style Regional Bodies (FSRBs) as they help ensure that member countries are assessed and monitored for compliance with FATF standards, but even B is relevant as FATF-Style Regional Bodies (FSRBs) play a crucial role in adapting and implementing FATF standards to fit regional contexts and needs.