April 24 2018
The Financial Action Task Force (FATF) held its annual Private Sector Consultative Forum (PSCF) on 23-24 April 2018 in Vienna, Austria, hosted by the United Nations Office on Drugs and Crime (UNODC).
The meeting was chaired by the Vice President of the FATF, Ms. Jennifer Fowler (the U.S.). Over 250 representatives from the financial sector and other businesses and professions subject to AML/CFT obligations, civil society, and FATF members and observers participated in this year’s Private Sector Consultative Forum.
The Forum is an opportunity for the FATF and its members to engage directly with the private sector on anti-money laundering and counter terrorist financing (AML/CFT) issues. It provides a regular platform for the FATF to learn more about the private sector’s views and concerns of AML/CFT-related issues. Over the two days of the Forum, participants held constructive discussions over the following issues: