🔥 Exclusive Offer for My Viewers! Delve deeper into the FATF recommendations with my detailed PDF guide. It's the perfect companion to this video series, offering a structured and comprehensive look into each recommendation. 👉 Grab your copy now and enhance your understanding ➡ fincrimeagent.gumroad.com/l/FATF40 Your support helps me create more high-quality content for this community. Thank you!
Thanks for your positive feedback. I appreciate your suggestion to create new content expanding on Basel and Wolfsberg. Those are indeed good topics to consider so I will definitely include them on my video roadmap list. Thank you again for watching 🙂
Glad you like them! Should you wish to support my channel on Patreon, you can also vote on the topics that I will cover in future videos. Here is my link to it ➡️ www.patreon.com/FCAgent Thanks for watching my videos 🙂
Thank you for sharing your feedback 👍🏻 if you wish to download the PDF with the full recap you will find the link in the video description. Thanks for watching!
Hi ...Hello Thanks for the details on FATF. This is helpful. Can i ask if any memory technique can be made to remember 40 +9 recommendations.? That would be more helpful for the interviews.
Hi, I’m glad the video is helpful to you. In my opinion if you are required to actually memorise all FATF recommendations I would use the natural order provided by the official FATF list. In the latest revision, FAFT categorised all 40 recommendations into 7 groups (A to G), I think that if you start by learning what kind of risk is being mitigated by each group you could more easily make a mental association with the actual recommendations that are contained into each group. One last thing that I want to point out is that you say 40+9 which now are no longer in use. The latest revised FATF list has only 40 recommendations as it was updated to include also the old 9 special recommendations on terrorist financing so, a bit of a good news here for you as you have 9 less to memorise 🙂. You can find the link directing you to the very latest version of FATF recommendations in the video description. Thanks for watching 👍🏻
You are very welcome. There will be 2 more videos going live on my channel in the next weeks - so with the full series you can refresh your knowledge about all 40 FATF recommendations. If you have other topics you want me to cover in the future just let me know, I’m always open to suggestions to create valuable content for our community 🙂
who elects the fatf and why do they hold such emense power but they are not elected and nobody seems to know about there existence yet they actually hold a lot of power. thank you for your work
Hi Tory, Thank you for your insightful question. The Financial Action Task Force (FATF) is an intergovernmental body established in 1989 by the ministers of its member jurisdictions. It's not an elected body in the traditional sense like a political election. Instead, it's comprised of representatives from various governments, particularly from the member countries. FATF's primary objective is to set standards and promote the effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing, and other related threats to the integrity of the international financial system. The reason FATF holds significant power is due to the collective agreement and commitment of its member countries, which are some of the world's largest economies, to adhere to its recommendations. When countries don't comply with FATF standards, they face potential countermeasures or can be publicly listed, which can affect their global economic relations. While it might seem like FATF operates behind the scenes, it is instrumental in shaping international financial regulations and standards, and its actions have a widespread impact on global finance and banking sectors. I hope this clarifies the nature and role of FATF. Thank you for engaging with the content and for your appreciation! Marco
Hi, this is on my pipeline I haven’t forgotten abt your suggestion. Please bear with me as I already have other videos to release before that one so it will take me a few more weeks.
Hi! I just wanted to let you know that one more video was published today covering the counter terrorist financing regulations within the UK. Here is the link to it. ruclips.net/video/QKWzfL76zK8/видео.html Hope you find it interesting 👍🏻
Hi Lee Mao, thanks for commenting on the video. FATF as an organisation was established indeed in 1989. However, their first 40 recommendations were issued in 1990. “In April 1990, less than a year after its creation, the FATF issued a report containing a set of Forty Recommendations.” Source: www.fatf-gafi.org/en/the-fatf/history-of-the-fatf.html
🔥 Exclusive Offer for My Viewers!
Delve deeper into the FATF recommendations with my detailed PDF guide. It's the perfect companion to this video series, offering a structured and comprehensive look into each recommendation.
👉 Grab your copy now and enhance your understanding ➡ fincrimeagent.gumroad.com/l/FATF40
Your support helps me create more high-quality content for this community. Thank you!
Information is Very Useful and Important
Thank you for your feedback 👍🏻 There is also a PDF with my recap on all the 40 recommendations in the video description. Thanks for watching!
Wonderful Sir. I do watch your videos helps me to understand the concept . Please include topics Basel and Wolfsburg.
Thanks for your positive feedback. I appreciate your suggestion to create new content expanding on Basel and Wolfsberg. Those are indeed good topics to consider so I will definitely include them on my video roadmap list. Thank you again for watching 🙂
Hi Suresh, as promised here is the video published covering the Basel committee: ruclips.net/video/e5O9RBWUNfc/видео.html
All your videos are great !
Thanks so much
Glad you like them! Should you wish to support my channel on Patreon, you can also vote on the topics that I will cover in future videos. Here is my link to it ➡️ www.patreon.com/FCAgent Thanks for watching my videos 🙂
Very helpful thanks a lot. Beautiful.
Thanks for watching! I’m glad this series is useful 🙂
Great videos !
Thank you for watching and commenting 👍🏻 I’m glad this series is useful to you!
Nice one, this would help me to clear ACAMS 😅.
Haha! Maybe not clearing it … but I hope this series can support you with your learning 🙂
Very useful information.
Thank you for sharing your feedback 👍🏻 if you wish to download the PDF with the full recap you will find the link in the video description. Thanks for watching!
Very helpful indeed
Thanks for sharing your feedback! I’m glad to read that 👍🏻🙂
Hi ...Hello
Thanks for the details on FATF. This is helpful. Can i ask if any memory technique can be made to remember 40 +9 recommendations.? That would be more helpful for the interviews.
Hi, I’m glad the video is helpful to you. In my opinion if you are required to actually memorise all FATF recommendations I would use the natural order provided by the official FATF list.
In the latest revision, FAFT categorised all 40 recommendations into 7 groups (A to G), I think that if you start by learning what kind of risk is being mitigated by each group you could more easily make a mental association with the actual recommendations that are contained into each group.
One last thing that I want to point out is that you say 40+9 which now are no longer in use. The latest revised FATF list has only 40 recommendations as it was updated to include also the old 9 special recommendations on terrorist financing so, a bit of a good news here for you as you have 9 less to memorise 🙂. You can find the link directing you to the very latest version of FATF recommendations in the video description. Thanks for watching 👍🏻
@@FinCrimeAgent Much Appreciated for your Reply
You are very welcome. There will be 2 more videos going live on my channel in the next weeks - so with the full series you can refresh your knowledge about all 40 FATF recommendations. If you have other topics you want me to cover in the future just let me know, I’m always open to suggestions to create valuable content for our community 🙂
Kudos Man
Thanks for watching!
who elects the fatf and why do they hold such emense power but they are not elected and nobody seems to know about there existence yet they actually hold a lot of power. thank you for your work
Hi Tory, Thank you for your insightful question. The Financial Action Task Force (FATF) is an intergovernmental body established in 1989 by the ministers of its member jurisdictions. It's not an elected body in the traditional sense like a political election. Instead, it's comprised of representatives from various governments, particularly from the member countries.
FATF's primary objective is to set standards and promote the effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing, and other related threats to the integrity of the international financial system.
The reason FATF holds significant power is due to the collective agreement and commitment of its member countries, which are some of the world's largest economies, to adhere to its recommendations. When countries don't comply with FATF standards, they face potential countermeasures or can be publicly listed, which can affect their global economic relations.
While it might seem like FATF operates behind the scenes, it is instrumental in shaping international financial regulations and standards, and its actions have a widespread impact on global finance and banking sectors.
I hope this clarifies the nature and role of FATF. Thank you for engaging with the content and for your appreciation!
Marco
CTF in detail is still pending.
Hi, this is on my pipeline I haven’t forgotten abt your suggestion. Please bear with me as I already have other videos to release before that one so it will take me a few more weeks.
@@FinCrimeAgent waiting sir. As of now appreciate your work.
Hi! I just wanted to let you know that one more video was published today covering the counter terrorist financing regulations within the UK. Here is the link to it. ruclips.net/video/QKWzfL76zK8/видео.html Hope you find it interesting 👍🏻
Established in 1989
Hi Lee Mao, thanks for commenting on the video. FATF as an organisation was established indeed in 1989. However, their first 40 recommendations were issued in 1990. “In April 1990, less than a year after its creation, the FATF issued a report containing a set of Forty Recommendations.”
Source: www.fatf-gafi.org/en/the-fatf/history-of-the-fatf.html
@@FinCrimeAgent thank you. I am enjoying your videos
I am glad 👍🏻 Thanks for watching my videos and for being part of this community 🙂