Correct Answer:
D. 40
The Financial Action Task Force (FATF) is the global standard-setter for combating money laundering, terrorist financing, and proliferation financing. To achieve this, FATF issues a comprehensive set of guidelines.
- The FATF has issued 40 Recommendations, which are universally recognized as the international standard for effective anti-money laundering (AML) and counter-terrorist financing (CTF) measures. These recommendations provide a framework for countries to implement robust legal, regulatory, and operational measures.
- Options 30, 35, and 37 are incorrect. The