Supervisors oversee the measures put in place by the private sector to implement anti-money laundering checks and report suspicions. Effective, risk-based supervision is an essential part of a strong anti-money laundering system. This document guides supervisors on how to assess risks in the sectors they oversee and adapt their resources accordingly and includes strategies to address common challenges. The guidance is based on the work of the following project team members and the extensive input by the FATF Global Network of FATF Members and FATF-Style Regional Bodies (FSRBs), together making up more than 200 jurisdictions. The guidance also benefited from informal consultation with a range of private sector representative bodies and financial inclusion stakeholders.

The work for this guidance was led by Jun Yuan Tay (Monetary Authority of Singapore), Philippe Bertho, (L'Autorité de contrôle prudentiel et de resolution of France), Hamish Armstrong (Jersey Financial Services Commission), with Shana Krishnan, Jay Song and Ben Aldersey from the FATF Secretariat. The project team received significant contributions from Joo Seng Quek (Monetary Authority of Singapore), Julien Escolan and Fadma Bouharchich (ACPR France), Damian Brennan (Central Bank of Ireland), Ke Chen and Grace Jackson (International Monetary Fund), Kuntay Celik (World Bank), Carolin Gardner, (European Banking Authority), Claire Wilson (UK Gambling Commission), Melanie Knight and Lee Adams (UK Office for Professional Body AML Supervision (OPBAS)), Lesya Yevchenko (The Office of the Superintendent of Financial Institutions (OFSI) Canada), Marlene Manuel-Fevrier, (Department of Finance Canada), Mike Hertzberg (US Treasury with the input of various US supervisors), Juliana Petribu and Izabela Correa (Central Bank of Brazil), Tomohito Tatsumi and Arisa Matsuzawa (Financial Services Agency Japan) and Alexandr Kuryanov (Rosfinmonitoring Russia).