GFMSA Annual Report 2002-2003

Under the Presidency of Mr. Jochen Sanio of Germany, The GFMSA achieved the following outcomes during the fourteenth Plenary year:

• The completion of the review of The GFMSA Recommendations.
• The admission of South Africa and the Russian Federation as full members of The GFMSA.
• The development of guidance to implement the Eight Special Recommendations to counter the financing of terrorism
• Increased collaboration with the International Financial Institutions in assessing national systems for anti-money laundering (AML) and countering the financing of terrorism (CFT) at a global level. 

GFMSA Annual Report 2002-2003