FIU Operational Effectiveness—Findings and Observations from the Asian Development Bank Perspective

This paper examines the specific findings on the level of technical compliance and operational effectiveness of the national financial intelligence units (FIUs) in 55 members of the Asian Development Bank under the mutual evaluations carried out by the Financial Action Task Force and its regional bodies (also referred to as FATF-style regional bodies) in connection with the current international standard for combating money laundering and terrorism financing (i.e. the FATF Recommendations). It also provides three observations for enhancing the use of financial information and intelligence. [Abstract]