The primary objectives of the Financial Action Task Force (FATF) are to: (Choose two.)
A.
evaluate and monitor compliance with the FATF standards and provide recommendations for improvement.
B.
assist countries in implementing EU, UN, and regional sanctions regimes.
C.
develop and promote international standards to prevent money laundering and terrorist financing.
D.
conduct investigations on countries legislations and laws to prevent them from being used for money laundering and terrorist financing.
E.
ensure that countries follow its laws to maintain financial stability.
The Answer Is:
A, C
This question includes an explanation.
Explanation:
The Financial Action Task Force (FATF) develops and promotes international standards to combat money laundering and terrorist financing, and it evaluates and monitors countries’ compliance with these standards while providing recommendations for improvement.
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