What is the main objective of FATF?

1012General KnowledgeMedium

ACombat terrorism

BNone of these

CStop terror financing

DPlace counties in the black lists.

Correct answer

C. Stop terror financing

Explanation

The objectives of the FATF are to set standards and promote 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.