Which international financial regulatory body maintains the Global Anti-Money Laundering and Counter-Terrorist Financing Standards?

Explanation

• The Financial Action Task Force (FATF) is an independent inter-governmental body that sets international standards to prevent money laundering and terrorist financing.
• Headquartered at the OECD in Paris, France, FATF monitors national compliance through its Grey List (Increased Monitoring) and Black List (High-Risk Jurisdictions).