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NEWS: FATF grows its budget by €1M to €12.9M last year – most accounted for in staff costs, says annual report

PLENARY: FATF meets at a key plenary session between June 21-23 next where Ukraine will push for Russia to be blacklisted by the global fincrime watchdog. File photo shows the last June FATF plenary in Berlin in 2022.

THE FATF annual report gives an insight into how the Paris-based organisaton spends its almost €13M budget. The agency says its has 71 staff members at the FATF Secretariat, includingpermanent staff and secondees. Last year salaries accounted for €9.35M of the budget – up almost €1M on the previous year. The report does not give…

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