Ethics and governance in the European Financial centers

The FATF held a plenary meeting in Paris, France, from 27 to 29 June 2007. The meeting was chaired by the FATF President, Mr Frank Swedlove. Key outcomes from the meeting include: welcoming the People's Republic of China as the FATF's newest member; guidance for the private sector and governments on combating money laundering and terrorist financing; reports on the anti-money laundering and counter-terrorist financing systems of China, Greece and the United Kingdom; and, 2 new studies on money laundering and terrorist financing methods (through real estate and related to drug trafficking in Central Asia).

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