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Version date: 4 March 2021 - onwards

Objectives and scope

114. This section identifies common challenges in applying risk-based supervision and presents potential strategies to address these challenges, but does not oblige authorities to take any of the specific measures outlined. It should be read alongside the FATF Standards and the Guidance in Part One of this paper.

115. The examples covered in this section and in Part 3 should be considered in light of the supervisory frameworks in place in those jurisdictions - the strategies may not be appropriate in all contexts. The inclusion of examples in this report is for illustrative purposes only and does not constitute the FATF's endorsement of the effectiveness of the country's supervisory framework for the purposes the FATF mutual evaluations or otherwise. Readers are advised to bear this in mind when drawing reference to these examples.