Purpose

This study aims to define the role of the Financial Action Task Force (FATF) and its Style Regional Bodies (FSRBs) that combat money laundering (ML) and terrorist financing (TF) by measuring how well some Arab countries have complied with FATF’s “Forty Recommendations” with respect to the regulatory framework.

Design/methodology/approach

This study combines the comparative analysis methodology with a descriptive analytical approach to compare three member countries of the Middle East and North Africa Financial Action Task Force (MENAFATF). It uses secondary data sources, namely, theoretical literature on the subject and FATF reports on mutual evaluation reports (MERs).

Findings

This study examined the variations in compliance with FATF standards among three member countries of MENAFATF: Bahrain, Morocco and Jordan. While Bahrain has almost completely fulfilled these standards, Morocco and Jordan have only partially fulfilled them. These variations in compliance are mainly attributed to the uneven level of readiness in the countries’ commitment to the legislative and regulatory requirements before the process of mutual evaluation.

Originality/value

Researchers can find several studies on the role of FATF and FSRBs in combating ML and TF. However, no studies have focussed on the application levels of FATF standards, which are relevant to the regulatory frameworks of member countries. This study makes a unique and vital contribution, as it demonstrates the effectiveness of applying the FATF standards.

中文翻译：

---

FATF在带头打击AML和CFT中的作用

目的

这项研究旨在通过衡量一些阿拉伯国家对FATF的“四十岁以下国家”的遵守程度，来确定打击洗钱（ML）和恐怖分子融资（TF）的金融行动工作组（FATF）及其风格区域机构（FSRB）的作用。关于监管框架的“建议”。

设计/方法/方法

这项研究将比较分析方法与描述性分析方法相结合，以比较中东和北非金融行动特别工作组（MENAFATF）的三个成员国。它使用辅助数据源，即有关该主题的理论文献和有关互评报告（MER）的FATF报告。

发现

这项研究调查了中东和北非地区三个成员国在遵守FATF标准方面的差异：巴林，摩洛哥和约旦。巴林几乎完全满足了这些标准，而摩洛哥和约旦仅部分满足了这些标准。这些合规性差异主要归因于各国在相互评估之前对立法和法规要求的承诺程度不均衡。

创意/价值

研究人员可以找到一些有关FATF和FSRB在对抗ML和TF中的作用的研究。但是，没有研究集中在与成员国监管框架相关的FATF标准的应用水平上。这项研究证明了应用FATF标准的有效性，做出了独特而重要的贡献。