Full name: Financial Action Task Force

Established: 1989

Region: Global

The FATF is the international standard-setter for anti-money laundering (AML), counter-terrorist financing (CFT), and the proliferation of weapons of mass destruction. It comprises 40 Recommendations, including the Travel Rule, and monitors compliance through mutual evaluations and public lists. All FSRBs align their standards with FATF.

Full name: Asia/Pacific Group on Money Laundering

Established: 1997

Region: Asia and Pacific Islands

APG is one of the largest FSRBs by membership, including countries from East Asia, South Asia, Southeast Asia, and the Pacific. Members like Australia, Singapore, and Japan are Travel Rule leaders, while developing nations receive capacity-building support.

Full name: Caribbean Financial Action Task Force

Established: 1992

Region: Caribbean

CFATF supports small island states in addressing money laundering, drug trafficking, and virtual asset regulation. Its members face challenges in building Travel Rule infrastructure due to limited resources and varying legislative readiness.

Full name: Eurasian Group on Combating Money Laundering & Financing of Terrorism

Established: 2004

Region: Central Asia, Russia, India

EAG includes countries like Russia, Kazakhstan, and India. It fosters regional cooperation on AML/CFT, with growing attention to digital asset flows and cross-border wire transfers. Regulatory development on the Travel Rule is uneven but evolving.

Full name: Eastern & Southern Africa Anti-Money Laundering Group

Established: 1999

Region: Eastern and Southern Africa

ESAAMLG brings together countries from East and Southern Africa to implement FATF standards. It supports regional assessments, typologies research, and training to address illicit finance threats, including crypto asset risks. Key nations include South Africa, Kenya, and Tanzania.

Full name: Groupe d’Action contre le Blanchiment d’Argent en Afrique Centrale

Established: 2000

Region: Central Africa (CEMAC states)

GABAC covers CEMAC states (e.g. Cameroon, Chad, Congo). It promotes FATF-standard adoption in a region often lacking financial infrastructure, making Travel Rule implementation a long-term effort.

Full name: Financial Action Task Force of Latin America

Established: 2000 (as GAFISUD), renamed GAFILAT in 2013

Region: Latin America

GAFILAT coordinates AML/CFT across Latin American countries, helping them align with FATF standards and manage cross-border risks, especially in high-cash, high-remittance economies. Travel Rule implementation varies, with notable progress in Brazil and Mexico.

Full name: Inter-Governmental Action Group Against Money Laundering in West Africa

Established: 2000

Region: West Africa (ECOWAS States)

A specialised ECOWAS institution, GIABA assists West African states in adopting FATF-compliant frameworks. It addresses regional threats like terrorist financing and corruption, and increasingly includes guidance on virtual assets and wire transfer oversight.

Full name: Middle East & North Africa Financial Action Task Force

Established: 2004

Region: Middle East and North Africa

MENAFATF promotes effective AML/CFT measures across MENA states, balancing financial innovation with regulatory integrity. The group supports implementation of the Travel Rule in jurisdictions like the UAE and Egypt, while navigating varying degrees of crypto adoption.

Full name: Committee of Experts on the Evaluation of Anti-Money Laundering Measures

Established: 1997

Region: Council of Europe (non-FATF EU members and surrounding areas)

MONEYVAL evaluates AML/CFT efforts in smaller European states and some non-EU countries. It has pushed Travel Rule alignment through technical guidance and regular mutual evaluations, particularly in jurisdictions like Gibraltar and Ukraine.