Annex 8.A FATF 40+8 Recommendations for AML-CFT

Forty Recommendations

Legal Systems (in line with UN conventions)

1. Legal systems should specify a broad scope of money-laundering offenses by crimi­nalizing money laundering related to all serious offenses and capturing, at a mini­mum, the designated range of offenses.

2. Legal systems should establish standards to prove the offense of money laundering and to clarify that criminal, civil, and administrative liability will apply to legal persons (corporations).

3. A country should have authority to confiscate illegal funds and to apply provisional measures, such as freezing or seizing to deal with money-laundering offenses.

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