FATF Begins 6-Day Meeting

The Financial Action Task Force commenced a week of meetings on Sunday to discuss major issues regarding money-laundering across continents. 
The global watchdog announced on its website the FATF Week will be attended by more than 800 representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank and other organizations. 
The FATF plenary and working group meetings will run from February 16 till Feb 21 in Paris.
Among other issues, the international watchdog, which monitors global money laundering and terror financing, will discuss progresses made by Iran and Pakistan and other countries that the watchdog claim “present a risk to the financial system”.