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How many FATF-Style Regional Bodies (FSRBs) are part of the FATF Global Network?

A. 2
B. 6
C. 7
D. 9
Correct Answer: D. 9

The Financial Action Task Force (FATF) works through a Global Network comprising the FATF itself and nine FATF-Style Regional Bodies (FSRBs). These regional organizations promote and monitor the implementation of FATF Recommendations on combating money laundering, terrorist financing, and proliferation financing within their respective regions.

The FSRBs conduct mutual evaluations, provide technical assistance, and help member jurisdictions strengthen their anti-money laundering and counter-terrorist financing (AML/CFT) frameworks. Together, the FATF and its nine regional bodies cover more than 200 jurisdictions worldwide.

  • Organization: Financial Action Task Force (FATF)
  • Regional Bodies (FSRBs): 9
  • Purpose: Promote and assess implementation of FATF standards.
  • Coverage: More than 200 jurisdictions worldwide.

Therefore, the correct answer is: 9.

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