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Member countries of the MENAFATF agree on the following objectives and will work towards achieving them:
- To adopt and implement the 40 Recommendations of the FATF against ML,
- To adopt and implement the Special Recommendations of the FATF against TF,
- To implement the relevant UN treaties and agreements and United Nations Security Council Resolutions dealing with countering ML/TF,
- To co-operate together to raise compliance with these standards and measures within the MENA Region and to work with other international organizations to raise compliance worldwide;
- To work together to identify ML/TF issues of a regional nature, to share experiences of these problems and to develop regional solutions for dealing with them; and
- To build effective arrangements throughout the region to combat effectively ML/TF in accordance with the particular cultural values, constitutional framework and legal systems in the member countries.
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