The Financial Action Task Force (FATF) is an intergovernmental organization established in 1989 by members of the (then) G7 to develop standards around AML. It designs and promotes policies and standards to combat financial crime. It also actively monitors the AML efforts of its members to implement its recommendations and routinely assesses its effectiveness in the fight against money laundering and terrorism funding. In addition to its monitoring, the FATF Blacklist details a list of 15 jurisdictions that members believe are uncooperative with other jurisdictions in international efforts against money laundering (and terrorism financing).