FATF directs focus to asset recovery with detailed guidance

The Financial Action Task Force (FATF) has released comprehensive 340-page guidance designed to boost the seizure of criminal assets by governments, law enforcement, prosecutors, courts and asset managers.

By Keith Nuthall

The Financial Action Task Force (FATF) has released comprehensive 340-page guidance [1] designed to boost the seizure of criminal assets by governments, law enforcement, prosecutors, courts and asset managers.