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How many FATF recommendations are currently issued for combating money laundering?

A. 30
B. 37
C. 35
D. 40
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

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