WBCS.LIVE practice question

The Financial Action Task Force (FATF), an intergovernmental organization combating money laundering, is headquartered in:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. London, UK
  2. New York, USA
  3. Paris, France
  4. Brussels, Belgium

Correct answer and explanation

Correct answer: Paris, France

Explanation: āœ… Correct Answer: C) Paris, France šŸ“š Explanation: The Financial Action Task Force (FATF) is an influential intergovernmental organization established in 1989 by the G7 nations. Its primary global mandate is to develop and promote policies to aggressively combat money laundering and the financing of terrorism. The official headquarters and secretariat of the FATF are housed at the OECD headquarters in Paris, France.