FATF guidance for legal professionals

The Financial Action Task Force (FATF) has produced risk-based approach (RBA) guidance to help legal professionals design effective measures to manage money laundering and terrorist financing risks.  The guidance is also aimed at supervisors of legal professionals, highlighting the importance of supervising the RBA.

The FATF developed this non-binding guidance with input from the legal profession, including through a public consultation in March 2019. This guidance replaces the 2008 version.

Download the guidance

Brought to you by ICLR.