FATF Finalizing the Revised Recommendations as Bar Associations Comment

                  During its plenary meeting on October 27-28, 2011, FATF reported that it has significantly advanced its work to revise the FATF Recommendations to ensure that they continue to provide a comprehensive and current framework for combating money laundering and terrorist financing and to build on the experience of the 3rd round of mutual evaluations. There is broad agreement on the principles and proposed revisions to the FATF Standards.