To read the full version of this content please select one of the options below:

The control of risks associated with crime, terror and subversion

Claes Norgren (President, FATF)

Journal of Money Laundering Control

ISSN: 1368-5201

Article publication date: 1 July 2004

Abstract

Reviews the policy of the Financial Action Task Force (FATF) and its remit since it was set up in 1989. Outlines the measures involved in the FATF’s work in developing legal standards against money laundering and terrorist financing: monitoring country compliance by a self‐assessment process and a system of mutual evaluation, a system of effective sanctions, and support for technical assistance. Mentions the FATF’s cooperation with the World Bank and International Monetary Fund to develop a common methodology for assessing jurisdictions’ measures against money laundering and terrorist financing, and its list of Non‐Cooperative Countries or Territories (NCCT), which has successfully triggered improvements in anti‐money laundering legislation.

Keywords

Citation

Norgren, C. (2004), "The control of risks associated with crime, terror and subversion", Journal of Money Laundering Control, Vol. 7 No. 3, pp. 201-206. https://doi.org/10.1108/13685200410809913

Publisher

:

Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited