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The FATF is working to prevent the misuse of the real estate sector - draft guidance

10/03/2022

Real estate can be used by criminals and the corrupt to launder their illicit wealth. FATF assessments show the real estate sector often poorly understands the risks.

The FATF is working to prevent the misuse of the real estate sector.

It has developed draft guidance and wants to hear views from stakeholders, including real estate businesses, mortgage lenders and non-profit organisations.

See the public consultation here ➡️

https://bit.ly/3CFLAxb

https://www.fatf-gafi.org/publications/fatfrecommendations/documents/public-consultation-guidance-real-estate.html

FATF