FATF Operational Framework (AML & CTF)
Targeted Areas1 Selected Items of Concern
1. Policies and Coordination Risk assessment; risk-based approaches;
national policy; and, institutional
cooperation and coordination.
2. Confiscation Fixing offences; corresponding penalties & measures.
3. Terrorist Financing and Proliferation The related offences; proliferation and sanctions; and, the treatment of
non-profit organisations.
4. Prevention Secrecy; record-keeping; customer due diligence; politically exposed persons; cyber transactions; other suspicions transactions; and, related matters (tipping-off, disclosure, investigation)
5. Transparency//Beneficial Ownership With special reference to legal persons and legal arrangements.
6. Powers and Responsibilities of In regard to regulation and supervision; licensing; enforcement; data gathering
Competent Authorities and analysis; investigation and financial intelligence.
7.International Cooperation International legal instruments; mutual assistance; extradition; asset freezing and confiscation; and, other forms of global cooperation.
