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The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) is a is a FATF-Style Regional Body (FSRB). The main objectives of ESAAMLG are to adopt and implement the 40 Recommendations of the FATF; apply anti-money laundering measures to all serious crime and implement measures to combat the financing of terrorism.
The Global Network, comprises the FATF and the nine FATF-Style Regional Bodies (FSRB). The active participation of the FSRBs in the work of the FATF is crucial to ensure a global implementation of effective measures to combat money laundering and terrorist financing.
The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) is a Regional Body subscribing to global standards to combat money laundering and financing of terrorism and proliferation.
What is a FATF-Style Regional Body (FSRB)? The 9 FATF-Style Regional Bodies (FSRBs) are independent regional organizations that assist the Financial Action Task Force (FATF) in putting its 40 Recommendations-based worldwide AML/CFT policy into practice in more than 200 member nations.
FATF-style regional bodies. Eight FATF-style regional bodies (FSRBs) have been established for the purpose of disseminating the International standards on combating money laundering, financing of terrorism & proliferation (FATF Recommendations) throughout the world.
Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) is a is a FATF-Style Regional Body (FSRB). The main objectives of ESAAMLG are to adopt and implement the 40 Recommendations of the FATF; apply anti-money laundering measures to all serious crime and implement ...
The FATF amended the universal procedures, standards and methodology in 2022. Pursuant to the amendments, the ESAAMLG has revised its Mutual Evaluation (ME) Procedures to be consistent with the changes brought about by the amendments.
To achieve global implementation of the FATF Recommendations, the FATF relies on a strong global network of FATF-Style Regional Bodies (FSRBs), in addition to its own 40 members. The nine FSRBs have an essential role in promoting the effective implementation of the FATF Recommendations by their membership and in providing expertise and input in ...
The Financial Action Task Force (FATF), created in 1989, is an inter-governmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing.
Nine FATF-Style Regional Bodies have been established. The FATF-style regional bodies are: Asia/Pacific Group on Money Laundering (UFA) based in Sydney, Australia; Caribbean Financial Action Task Force (CFATF) based in Port of Spain, Trinidad and Tobago; Eurasian Group (EAG) based in Moscow, Russia;