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ARTICLE · 08 MAY 2018

Financial Action Task Force Publishes Outcomes Of Its 2018 Private Sector Consultative Forum

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The Financial Action Task Force held its annual private sector consultative forum in Vienna on April 23 – 24, 2018.

United StatesTechnology
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The Financial Action Task Force held its annual private sector consultative forum in Vienna on April 23 – 24, 2018. The annual forum provides a platform for the FATF to learn more about the private sector's views and concerns on issues related to anti-money laundering and countering the financing of terrorism. Attendees at the forum included representatives from the financial sector and other businesses and professions subject to AML/CTF obligations.

At this year's forum, participants discussed ongoing initiatives to address the issue of de-risking, which remains a key FATF priority. Potential next steps discussed included the necessity for continued coordinated action at global level, the importance of constructive dialogue and engagement and capacity building.

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