Financial Action Task Force (FATF)

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.

​​

Asia/Pacific Group on Money Laundering (APG)

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.

​

Caribbean Financial Action Task Force (CFATF)

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.

​

Eurasian Group on Combating Money Laundering & Financing of Terrorism (EAG)

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.

​

Eastern & Southern Africa Anti-Money Laundering Group (ESAAMLG)

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.

 

Groupe d’Action contre le Blanchiment d’Argent en Afrique Centrale (GABAC)

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.

​

Financial Action Task Force of Latin America (GAFILAT)

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.

​

Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA)

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.

​

​​​Middle East & North Africa Financial Action Task Force (MENAFATF)

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.

​

Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL)

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.