FATF Recommendations: International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation

At a plenary meeting last week the Financial Action Taskforce (FATF) approved a new edition of the International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation, The FATF Recommendations: see here (pdf). The European Commission has announced that the changes made will be implemented in the European framework: see here.