<P> The Financial Action Task Force ( on Money Laundering ) ( FATF ) , also known by its French name , Groupe d'action financière ( GAFI ) , is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering . In 2001 its mandate expanded to include terrorism financing . It monitors progress in implementing the FATF Recommendations through `` peer reviews '' ( `` mutual evaluations '' ) of member countries . The FATF Secretariat is housed at the OECD headquarters in Paris . </P>
<P> The Financial Action Task Force ( on Money Laundering ) ( FATF ) , also known by its French name , Groupe d'action financière ( GAFI ) , is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering . In 2001 its mandate expanded to include terrorism financing . It monitors progress in implementing the FATF Recommendations through `` peer reviews '' ( `` mutual evaluations '' ) of member countries . The FATF Secretariat is housed at the OECD headquarters in Paris . </P>
what is the role of the financial action task force
what is the role of the financial action task force
to develop policies to combat money laundering
to develop policies to combat money laundering