CAMS Exam Dumps | What is a criterion for FATF membership?

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Certified Anti-Money Laundering Specialists (the 6th edition)
ACAMS.CAMS.v2018-01-22.q137
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Question 70/137

What is a criterion for FATF membership?

A. The country should have already implemented the standards of the European Union Directives

B. The country should be a member of a FATF-style regional body

C. The country should have already implemented all of the FATF Recommendations

D. The country should be democracy

Correct Answer: B

Recent Comments (The most recent comments are at the top.)

Muna - Jun 03, 2023

B is the correct answer

The jurisdiction should be strategically important based on quantitative and qualitative indicators and additional considerations:
􏰀 Qualitative Indicators:
Active participation in an FSRB and regional prominence in AML/CFT efforts

ZW - Mar 05, 2022

Criteria for FATF membership is that the country need to be deem to implement all FAFT recommendations 3,5,10,11
Ans is C

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Question 70/137

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