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Financial Action Task Force (FATF) UK Voluntary Contribution

IATI Identifier:

Published on IATI
  • date_range Mar 04, 2018 - Mar 31, 2022
  • autorenew Implementation (Status)

UK contribution to support to the Financial Action Task Force (FATF), the international standard setter for tackling money laundering, terrorist financing and proliferation financing, to increase the number of staff within its Global Network Coordination Group (GNCG). This enables GNCG to considerably increase its engagement with, and improve the quality of country assessments conducted by, the FATF-style regional bodies (FSRBs), and improve understanding of the FATF Standards among FSRB member countries. More robust, timely assessments and improved understanding of international AML/CTF/CPF standards drives more effective, more timely corrective measures around the world, leading to reduced opportunities for and improved law enforcement responses to financial crime. This additional engagement also enables and improves the effectiveness of other development interventions from other capacity building providers, including the International Monetary Fund, the World Bank, and others, as the regional institutional frameworks will be strengthened and knowledge of the FATF Standards will be increased.

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Sectors:
  • Anti-corruption organisations and institutions

Participating Organisations

Financial Action Task Force Multilateral Implementing
HM Treasury Government Funding

Transaction

Transaction Value Provider
Receiver
Type Date
Not Available Provider N/A Receiver N/A
date_range
Not Available Provider N/A Receiver N/A
date_range
Not Available Provider N/A Receiver N/A
date_range

Budget

1,985,539 USD
  • 115,000 GBP (Valued at Jun 28, 2019)
    date_range Apr 01, 2017 - Mar 31, 2018
  • 440,000 GBP (Valued at Jun 28, 2019)
    date_range Apr 01, 2018 - Mar 31, 2019
  • 450,000 GBP (Valued at Jun 28, 2019)
    date_range Apr 01, 2019 - Mar 31, 2020
  • 460,000 GBP (Valued at Jun 28, 2019)
    date_range Apr 01, 2020 - Mar 31, 2021
  • 100,000 GBP (Valued at Jun 28, 2019)
    date_range Apr 01, 2021 - Mar 31, 2022
access_time Updated on Oct 07, 2019 15:29:23