FATF Plenary Acts on Asset Recovery, Beneficial Ownership of Legal Arrangements, Abuse of NPOs for Terrorist Financing, Crowdfunding for Terrorism Financing, Cyber-Enabled Fraud, and CBI and RBI

On October 27, 2023, the fourth Plenary of the Financial Action Task Force (FATF) under the Presidency of T. Raja Kumar of Singapore concluded and acted on a number of items, which this article discusses. The FATF granted full membership to Indonesia and continued the suspension of the membership of Russia as a result of its invasion of Ukraine.