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The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d'action financière (GAFI), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering and to maintain certain interest. In 2001, its mandate was expanded to include terrorism financing.
Know Your Customer (KYC) guidelines and regulations in financial services require professionals to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. The procedures fit within the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF) regulations.
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The general notion of cryptocurrencies in Europe denotes the processes of legislative regulation, distribution, circulation, and storage of cryptocurrencies in Europe.
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References
- 1 2 Jessen, Anneke; Vignoles, Christopher (2005). Jamaica: Trade, Integration and the Quest for Growth. BID-INTAL. ISBN 978-950-738-210-9.
- ↑ Mwenda, Kenneth Kaoma (2006-01-01). Legal Aspects of Financial Services Regulation and the Concept of a Unified Regulator. World Bank Publications. ISBN 978-0-8213-6460-4.
- ↑ Bank, Inter-American Development (2004). Revitalizing the Jamaican Economy: Policies for Sustained Growth. IDB. ISBN 978-1-931003-84-1.
- ↑ "Financial Services Commission – Do Good Jamaica" . Retrieved 2021-06-01.
- ↑ "Financial Services Commission (FSC) – Jamaica Information Service". jis.gov.jm. Retrieved 2021-06-01.
- ↑ "Jamaica Observer Limited". Jamaica Observer. Retrieved 2021-07-29.
- ↑ "FSC plugging regulatory gaps". jamaica-gleaner.com. 2021-01-29. Retrieved 2021-07-29.
