The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing in two FATF public documents that are issued three times a year and that are frequently referred to as the "black and grey" lists. FATF is an intergovernmental organisation founded in 1989 to combat money laundering and terrorism financing. It sets standards and monitors implementation of legal, regulatory and operational measures for its 40 member countries. FATF is an international organization that develops and promotes policies to fight financial crime, such as money laundering and terrorist financing. Learn about its history, members, and recommendations for combating global threats to the financial system. Publications on FATF 's areas of work, from Standard Setting, methods and trends, guidance and best practices. to assessments conducted by the FATF and the FATF -Style Regional Bodies.
