Which recommendations of FATF are most / specifically related to Banking Organization with special concern to Compliance department?

Identify the risks, and develop policies and domestic coordination;

 Pursue money laundering, terrorist financing and the financing of proliferation;

 Apply preventive measures for the financial sector and other designated sectors;

 Establish powers and responsibilities for the competent authorities (e.g., investigative, law enforcement and supervisory authorities) and other institutional measures;

 Enhance the transparency and availability of beneficial ownership information of legal persons and arrangements; and

 Facilitate international cooperation.