FATF published Statement by the FATF President on measures recommended to be taken by the relevant institutions in AML/CFT sphere with regard to COVID-19 pandemic.

The Statement is focused on the aspects as follows:

-         addressing covid-19-related financial crime risks by remaining vigilant;

-         digital onboarding and simplified due diligence;

-         delivery of aid through non-profit organisations;

-         ongoing outreach and advice.

Full text of the Statement by the FATF President can be found at the following link and in the section “Activity” – “Statements of International organizations” of this web-site.

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