Financial Action Task Force publishes Code of Conduct for delegates leaders assessors and event participants

The Financial Action Task Force (FATF) has issued a Code of Conduct setting behavioural expectations for participants in FATF meetings and work projects, aiming to support a respectful, inclusive and safe working environment and to reinforce integrity and professionalism in FATF work. The Code is described as non-legal and non-prescriptive, and as supplementing other applicable policies, regulations, rules and laws. The Code applies to delegates of FATF Members, Associate Members and Observers, individuals in FATF leadership or advisory roles, participants in FATF assessments (including mutual evaluation and follow-up processes), and attendees at FATF meetings and events. Core expectations include non-discrimination and zero tolerance for harassment, sensitivity to cultural differences, managing and disclosing conflicts of interest (with heightened care required for those in leadership roles), and strict confidentiality over FATF working papers and deliberations unless FATF has decided to communicate publicly. It also requires confidential communications to use official platforms, discourages using instant messaging for confidential information, and asks participants to respect standard working hours across time zones. The document sets out a reporting and escalation process for alleged breaches, including potential referral to relevant authorities and possible suspension or termination of involvement in FATF events and work projects, with confidentiality, privacy, due process and a prohibition on retaliation referenced as part of handling reports.