{ "id": "RS21904", "type": "CRS Report", "typeId": "REPORTS", "number": "RS21904", "active": true, "source": "EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source": "EveryCRSReport.com", "id": 587215, "date": "2017-03-23", "retrieved": "2020-01-02T14:42:24.127366", "title": "The Financial Action Task Force: An Overview", "summary": "The National Commission on Terrorist Attacks Upon the United States, or the 9/11 Commission, recommended that tracking terrorist financing \u201cmust remain front and center in U.S. counterterrorism efforts\u201d (see The 9/11 Commission Report: Final Report of the National Commission on Terrorist Attacks Upon the United States, U.S. Government Printing Office, July, 2004. p. 382). As part of these efforts, the United States plays a leading role in the Financial Action Task Force on Money Laundering (FATF). The independent, intergovernmental policymaking body was established by the 1989 G-7 Summit in Paris as a result of growing concerns among the summit participants about the threat posed to the international banking system by money laundering. After September 11, 2001, the body expanded its role to include identifying sources and methods of terrorist financing and adopted nine special recommendations on terrorist financing to track terrorists\u2019 funds. The scope of activity of FATF was broadened as a result of the 2008-2009 global financial crisis, since financial systems in distress can be more vulnerable to abuse for illegal activities. More recently, the FATF added the proliferation of financing of weapons of mass destruction as one of its areas of surveillance. In April 2012, the member countries adopted a remodeled set of Forty Recommendations and renewed the FATF\u2019s mandate through December 31, 2020. This report provides an overview of the task force and of its progress to date in gaining broad international support for its recommendations.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "https://www.crs.gov/Reports/RS21904", "sha1": "446445c228189bc73e3a3856cd110f4173e3a593", "filename": "files/20170323_RS21904_446445c228189bc73e3a3856cd110f4173e3a593.html", "images": {} }, { "format": "PDF", "encoding": null, "url": "https://www.crs.gov/Reports/pdf/RS21904", "sha1": "6b6e31f6054cfee3319906575660bf58dad6ed8b", "filename": "files/20170323_RS21904_6b6e31f6054cfee3319906575660bf58dad6ed8b.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4878, "name": "International Terrorism, Trafficking, & Crime" } ] }, { "source": "EveryCRSReport.com", "id": 428914, "date": "2014-03-13", "retrieved": "2016-04-06T20:35:02.044937", "title": "The Financial Action Task Force: An Overview", "summary": "The National Commission on Terrorist Attacks Upon the United States, or the 9/11 Commission, recommended that tracking terrorist financing \u201cmust remain front and center in U.S. counterterrorism efforts\u201d (see The 9/11 Commission Report: Final Report of the National Commission on Terrorist Attacks Upon the United States, U.S. Government Printing Office, July, 2004. p. 382). As part of these efforts, the United States plays a leading role in the Financial Action Task Force on Money Laundering (FATF). The independent, intergovernmental policy-making body was established by the 1989 G-7 Summit in Paris as a result of growing concerns among the summit participants about the threat posed to the international banking system by money laundering. After September 11, 2001, the body expanded its role to include identifying sources and methods of terrorist financing and adopted nine special recommendations on terrorist financing to track terrorists\u2019 funds. The scope of activity of FATF was broadened as a result of the 2008-2009 global financial crisis, since financial systems in distress can be more vulnerable to abuse for illegal activities. More recently, the FATF added the proliferation of financing of weapons of mass destruction as one of its areas of surveillance. In April, 2012, the member countries adopted a remodeled set of Forty Recommendations and renewed the FATF\u2019s mandate through December 31, 2020. This report provides an overview of the task force and of its progress to date in gaining broad international support for its recommendations.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/RS21904", "sha1": "a243390eb824633ce9dff979e9796f6a39206a98", "filename": "files/20140313_RS21904_a243390eb824633ce9dff979e9796f6a39206a98.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/RS21904", "sha1": "07a4a29ccdc03977209e000ecffa222d10cec28e", "filename": "files/20140313_RS21904_07a4a29ccdc03977209e000ecffa222d10cec28e.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 272, "name": "International Trafficking and Crime" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc822330/", "id": "RS21904_2012Nov28", "date": "2012-11-28", "retrieved": "2016-03-19T13:57:26", "title": "The Financial Action Task Force: An Overview", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20121128_RS21904_7ce5d2bcb4bf9f1f3e931271504b10dbfce4595c.pdf" }, { "format": "HTML", "filename": "files/20121128_RS21904_7ce5d2bcb4bf9f1f3e931271504b10dbfce4595c.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc491363/", "id": "RS21904_2012May09", "date": "2012-05-09", "retrieved": "2015-01-27T19:40:46", "title": "The Financial Action Task Force: An Overview", "summary": "This report provides an overview of the Financial Action Task Force (FATF) and of its progress to date in gaining broad international support for its recommendations. The FATF is an independent, intergovernmental policymaking body was established by the 1989 G-7 Summit in Paris as a result of growing concerns among the summit participants about the threat posed to the international banking system by money laundering.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20120509_RS21904_ba83386e4bbf44ed9795c40087ab9e0895bc67f3.pdf" }, { "format": "HTML", "filename": "files/20120509_RS21904_ba83386e4bbf44ed9795c40087ab9e0895bc67f3.html" } ], "topics": [ { "source": "LIV", "id": "Terrorism", "name": "Terrorism" }, { "source": "LIV", "id": "Counterterrorism", "name": "Counterterrorism" }, { "source": "LIV", "id": "Federal budgets", "name": "Federal budgets" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc808702/", "id": "RS21904_2011Feb01", "date": "2011-02-01", "retrieved": "2016-03-19T13:57:26", "title": "The Financial Action Task Force: An Overview", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20110201_RS21904_8da7eaeea43c380185566a766b9eed5229510d5d.pdf" }, { "format": "HTML", "filename": "files/20110201_RS21904_8da7eaeea43c380185566a766b9eed5229510d5d.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc813562/", "id": "RS21904_2008Jan30", "date": "2008-01-30", "retrieved": "2016-03-19T13:57:26", "title": "The Financial Action Task Force: An Overview", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20080130_RS21904_3abd83653c29f3864d956adf2f0d0f33571264e9.pdf" }, { "format": "HTML", "filename": "files/20080130_RS21904_3abd83653c29f3864d956adf2f0d0f33571264e9.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metacrs7761/", "id": "RS21904 2005-03-04", "date": "2005-03-04", "retrieved": "2005-11-18T09:43:29", "title": "The Financial Action Task Force: An Overview", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20050304_RS21904_db4ae624b306207c48711995162cbbf9b7d65cf2.pdf" }, { "format": "HTML", "filename": "files/20050304_RS21904_db4ae624b306207c48711995162cbbf9b7d65cf2.html" } ], "topics": [ { "source": "LIV", "id": "International affairs", "name": "International affairs" }, { "source": "LIV", "id": "Financial Action Task Force on Money Laundering", "name": "Financial Action Task Force on Money Laundering" } ] } ], "topics": [ "Foreign Affairs", "Industry and Trade", "Intelligence and National Security" ] }