The FATF Standards and Unintended Consequences: Part 1: Assessing the Past

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RUSI’s Centre for Financial Crime and Security Studies invites you to our series ‘FATF: Past, Present and Future in the Unintended Consequences Debate,’ How far has the standard setter come and where is it heading?


As the Financial Action Task Force (FATF) considers ways to mitigate the unintended consequences of its financial crime standards, this three-part webinar series will assess the FATF’s work on this issue to-date, identify current challenges and a look ahead to future ways in which its standards might be manipulated.

Background

In early 2021, the FATF announced it would be launching a new research initiative "to study and mitigate the unintended consequences resulting from the incorrect implementation of FATF Standards.” It identified four main affected areas: (1) de-risking; (2) financial exclusion; (3) suppression of NPOs or the NPO sector as a whole; and (4) threats to fundamental human rights.

The first webinar in this series will consider FATF’s past efforts related to not-for-profit organisations, money service businesses and correspondent banking.

To share and discuss their perspectives, we are delighted to be joined by:

  • Lia van Broekhoven, Executive Director, Human Security Collective
  • Veronica Studsgaard, Founder & CEO, IAMTN
  • Victoria Ibezim-Ohaeri, Executive Director, Spaces for Change
  • Wendy Delmar, CEO, Caribbean Association of Banks


The discussion will be chaired by CFCS Director Tom Keatinge.

Watch the live stream and recording


Other events in this webinar series


The FATF Standards and Unintended Consequences: Part 2: Evaluating the Present

The FATF Standards and Unintended Consequences: Part 3: Looking to the Future


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