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In FATF, “T” stands for?

  • A.Trade
  • B.Tax
  • C.Trust
  • D.Task

Answer: D

Correct answer: Task

FATF is the Financial Action Task Force, the inter-governmental body set up by the G7 in 1989 that sets the global standards against money laundering and terrorist financing, and maintains the “grey” and “black” lists of non-compliant jurisdictions.

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