Communiqué
Meeting of Finance Ministers and Central Bank Governors
Moscow, 19-20 July 2013

The G-20 reiterated its commitment to FATF’s work in fighting money laundering and terrorism financing and its key contribution into tackling other crimes such as tax crimes, corruption, terrorism, and drug trafficking like many times before. The empty phrase is masking that fact that no progress was made. A delegate said that the anti-money laundering item met opposition “from a country which is a member of G-20, but not a member of FATF.” The only country to meet this description is Saudi Arabia, according to the Financial Action Task Force (FATF).G20 Communique