FATF President Elisa de Anda Madrazo to Take Office in 2024–2026

The Financial Action Task Force (FATF) will be led by Elisa de Anda Madrazo of Mexico for a two-year period beginning in July 2024 and ending in June 2026.The Financial Action Task Force (FATF) will be led by Elisa de Anda Madrazo of Mexico for a two-year period beginning in July 2024 and ending in June 2026. With Madrazo's new perspective focused at bolstering efforts to combat financial crimes and terrorism financing, this shift represents a significant moment for the global financial watchdog.

A dedication to fundamental values The foundation of Madrazo's presidency is a strong belief in diversity, inclusivity, and openness. These guiding principles, which demonstrate a commitment to representing the various viewpoints and realities of the global community, will direct the FATF's efforts on governance, standards, and stakeholder engagement.Important Aims for 2024–2026 1. Encouraging Implementation Based on Risk Promoting the risk-based application of FATF Standards in accordance with the proportionality principle will be a main priority. By addressing the risks connected to restricted access to formal financial services, this strategy is essential for promoting financial inclusion.