FATF

Question 1

Who is the new President of FATF?

Answer 1

T. Raja Kumar from Singapore

Dr. Marcus Pleyer was Old

Question 2

When was it formed?

Answer 2

1989 , in Paris

Question 3

During which meeting was it made?

Answer 3

G7 SUMMIT , 1989

Question 4

FATF full form?

Answer 4

Financial Action Task Force

Question 5

FATF consists of:

Answer 5

FATF Plenary
* 37 member
* 2 Organisations (GCC , European Commission)

Question 6

How many list do they specify?

Answer 6

• Grey List
• Black List

Question 7

Pakinstan is in Grey List since:

Answer 7

Pakistan , 2018

Question 7

Pakinstan is in Grey List since:

Answer 7

Pakistan , 2018

Question 8

In black list , countries are defined as

Answer 8

Non Cooperation Country or Terrorism(NCCTs)

Question 9

How many countries are there in Black List?

Answer 9

IRAN , NORTH KOREA(Democratic People’s Republic of Korea)

Question 10

Which country got recently removed from Black List?

Answer 10

Zimbabwe

Question 11

FATF is associated with

Answer 11

IMF and World Bank

Question 12

HQ

Answer 12

Paris , OECD(Org. for Eco. Coop. & Devlp.)

Question 13

When was OECD formed?

Answer 13

1948 as OEEC

Question 14

When was OEEC renamed as OECD?

Answer 14

1961 after US and Canada joined

Question 15

How many members in OECD?

Answer 15

38

India is the 27th member

Question 16

India is a member of FATF since

Answer 16

2010

Question 17

Which country has recently added in BLACK LIST?

Answer 17

Myanmar

with Iran and North Korea

Question 18

Which country has recently removed from GREY LIST?

Answer 18

Pakistan and Nicaragua