40 Recommendations
Comprehensive framework for combating ML/TF.
International
FATF Recommendations. Global AML Standards
FATF recommendations are the international standards for AML/CTF. Learn how Australia implements FATF standards through AUSTRAC.
International AML standards
The FATF Recommendations are the international standards for anti-money laundering and counter-terrorism financing. Australia implements these standards through the AML/CTF Act and Rules.
According to AUSTRAC guidance, you should check international guidance on ML/TF risks regularly, including guidance published by the Financial Action Task Force.
Key FATF principles
Risk-Based Approach
Resources focused where risks are highest.
Customer Due Diligence
Know your customer requirements.
International Cooperation
Cross-border information sharing.
Frequently asked questions
What is FATF?
The Financial Action Task Force (FATF) is the global standard-setter for anti-money laundering and counter-terrorism financing measures.
What are the FATF Recommendations?
The 40 FATF Recommendations are the international standards for combating money laundering, terrorism financing, and proliferation financing.
How does Australia implement FATF?
Australia implements FATF standards through the AML/CTF Act and Rules, regulated by AUSTRAC. The tipping off provisions allow sharing with foreign members giving effect to FATF recommendations.
Related resources
Meet international standards
ARCaml helps you meet CDD requirements aligned with FATF recommendations.