FATF Public Sector Consultative Forum


The Global NPO Coalition on FATF was represented at the FATF’s annual Private Sector Consultative Forum (PSCF), held this year at the UNODC offices in Vienna between the 20 and 22 of March 2017.  As the FATF notes: ‘The Forum is an opportunity for the FATF and its members to engage directly with the private sector on anti-money laundering and counter terrorist financing (AML/CFT) issues. It provides a regular platform for the FATF to learn more about the private sector’s views and concerns of AML/CFT-related issues’. Human Security Collective holds one of the four recently-allocated seats to NPOs on the PCSF as co-chair of the Global NPO Coalition on FATF.

The Global NPO Coalition on FATF also organised a day-long breakout session on the evaluation and risk assessment processes, chaired by the FATF Secretariat, and including multiple stakeholders representing a wide range of NPOs from across the globe,  governments, FATF Style Regional Bodies, banks, etc. The importance of involving NPOs early on in the evaluation process was emphasised, and also the need to engage with and collaborate with NPOs on a sustained basis. For a report on the meeting, including the NPO breakout session, see here.

Related project: Financial Action Task Force Engagement