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In which year was the Financial Action Task Force (FATF) established?

Question: In which year was the Financial Action Task Force (FATF) established?
  • A. 1980
  • B. 1989
  • C. 1999
  • D. 2004
Correct Answer: B. 1989
Explanation: FATF was formed in 1989 to combat money laundering and terrorist financing globally.

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