2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Geneva
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New York
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Paris
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London
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Detailed explanation-1: -FATF is an initiative of the G7 countries to combat money laundering. 2. The FATF Secretariat is housed at the headquarters of the OECD in Paris.
Detailed explanation-2: -The Secretariat supports the substantive work of the FATF membership and global network. The Secretariat is located at the OECD Headquarters in Paris. Career opportunities at the FATF Secretariat are advertised and filled in accordance with the OECD procedures. For more information, see www.oecd.org/careers/.
Detailed explanation-3: -T. Raja Kumar (Singapore) is the incumbent President of FATF who assumed the office in July 2022.
Detailed explanation-4: -The following countries had their progress reviewed by the FATF since June 2022: Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Jordan, Mali, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Türkiye, UAE, and Uganda.
Detailed explanation-5: -France has over the past several years continually strengthened, refined and expanded its system. France’s overall degree of compliance with the FATF 40+9 Recommendations is very high, particularly in the financial sector and in the legal area.