07/01/2026 | Press release | Distributed by Public on 07/02/2026 11:03
Paris, 2 July 2026 - More than 1600 participants from around the world joined the first event under the UK Presidency of the Financial Action Task Force (FATF), which brought together members of the FATF Global Network, FATF observers, and other stakeholders and partners to shape the FATF's response to the global fraud epidemic.
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The new FATF President, Giles Thomson, set out the scale of the threat from fraud and highlighted the impact for victims, financial stability, financial inclusion and national security.
With panellists from every continent of the world, the event heard from leading operational and private sector experts through sessions on financial intelligence, private sector information sharing, asset recovery and international cooperation as well as victim perspectives.
\r\nFATF President, Giles Thomson, set out how the FATF will continue working with stakeholders to understand the threat, what is working and what more can be done to mobilise the FATF toolkit to fight fraud, including by engaging with financial institutions and technology, telco and social media companies.
\r\n"}}" id="text-e5e8c1aeb9" class="cmp-text">Paris, 2 July 2026 - More than 1600 participants from around the world joined the first event under the UK Presidency of the Financial Action Task Force (FATF), which brought together members of the FATF Global Network, FATF observers, and other stakeholders and partners to shape the FATF's response to the global fraud epidemic.
The new FATF President, Giles Thomson, set out the scale of the threat from fraud and highlighted the impact for victims, financial stability, financial inclusion and national security.
With panellists from every continent of the world, the event heard from leading operational and private sector experts through sessions on financial intelligence, private sector information sharing, asset recovery and international cooperation as well as victim perspectives.
FATF President, Giles Thomson, set out how the FATF will continue working with stakeholders to understand the threat, what is working and what more can be done to mobilise the FATF toolkit to fight fraud, including by engaging with financial institutions and technology, telco and social media companies.