Objectives of the FATF Recs.
•
Removing profit out of crime through confiscation
•
Detecting crime by following the money trail
•
Targeting third party or professional launderers who
through their services allow criminals to retain the
proceeds of their crime
•
Targeting upper echelons of criminal organizations that are
connected to the money trail
•
Protecting the integrity of the financial system against
abuse by criminals
