FATF first issued its Recommendations in 1990 aimed at:

The Financial Action Task Force (FATF) issued its 40 Recommendations in 1990 to combat money laundering, later expanded to include terrorist financing. These guidelines set global standards for financial oversight. Studying the Recommendations highlights their role in financial integrity, the challenges of enforcement across jurisdictions, and their impact on global security. It also offers insights into how standards shape financial systems, providing lessons on the need for robust regulations and international cooperation to prevent financial crimes and ensure economic stability.