Open Ownership’s response to FATF’s consultation on revisions to Recommendations 24 and 25

In response to the FATF consultation on Recommendations 24 and 25, our member Open Ownership has led a group to respond to the ask from FATF.

Summary

In response to the FATF consultation on Recommendations 24 and 25, our member Open Ownership has led a group to respond to the ask from FATF.


The GCFFC members support the attached submissions by Open Ownership on both Recommendation 24 and 25. However, it should be noted that one of our members, the Institute of International Finance (IIF) intends to make its own submission and therefore their separate submission represents their position on the Recommendations.

The recommendations can be read here: Open Ownership, FATF consultation on recommendations 24 and 25