noun
Financial Action Task Force on Money Laundering; FATF
Intergovernmental organization that sets standards and promotes policies to combat money laundering and terrorist financing. The full Japanese name is used in official contexts; the English abbreviation FATF is also widely recognized.
金融活動作業部会は、マネーロンダリング対策の国際基準を策定している。
The Financial Action Task Force (FATF) develops international standards for anti-money laundering measures.
日本は金融活動作業部会の勧告に従って法整備を進めた。
Japan proceeded with legal reforms in accordance with the FATF recommendations.