Correct option is C
The headquarters of the Financial Action Task Force (FATF) is located
in Paris, France.
Key Details about FATF:
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Membership: FATF has 40 members, which include 38 jurisdictions and 2 regional organizations (the Gulf Cooperation Council and the European Commission).
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Mission: The FATF plays a crucial role in combating money laundering, terrorist financing, and other financial crimes on a global scale.
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Global Partnerships: In addition to its core members, FATF collaborates with 31 international and regional organizations that act as Associate Members or Observers, contributing to its global initiatives.
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Impact: FATF’s recommendations form the backbone of international efforts to secure financial systems. Countries that fail to comply with these recommendations may be placed on grey or black lists.
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Role in Financial Security: FATF’s efforts help ensure that illegal financial activities do not destabilize economies, supporting global financial integrity and security.