The Financial Action Task Force (FATF) has its headquarters in which city?

The Financial Action Task Force (FATF), an international organization dedicated to combating money laundering, terrorist financing, and other financial crimes, has its headquarters in Paris, France. Established in 1989 by the G7 nations, FATF was created to develop global policies and standards to protect the international financial system from illicit activities. Paris was chosen as its base due to France’s central role in international finance and diplomacy, providing a strategic location for collaboration with member countries and other global organizations.

FATF sets guidelines, known as Recommendations, which provide a framework for countries to implement effective anti-money laundering (AML) and counter-terrorist financing (CFT) measures. Its decisions and evaluations significantly influence global financial regulations, ensuring transparency, accountability, and secure financial operations. Countries are regularly assessed by FATF for compliance with these standards, and non-compliant nations risk being placed on the FATF “grey” or “black” lists, which can affect their international trade and economic relationships.

The organization also collaborates with regional bodies, law enforcement agencies, and financial institutions worldwide, making Paris the hub for critical policy discussions, research, and global coordination. Understanding that FATF’s headquarters are located in Paris is important for students preparing for General Knowledge MCQs and exams on international organizations, global finance, and regulatory systems.