MCQ Answer
A. To provide financial assistance to member countries.
B. To assess how effectively member and assessed countries implement the FATF Recommendations.
Correct
Explanation
Mutual Evaluations involve a peer review process where countries are assessed on technical compliance and effectiveness.
C. To elect the FATF President.
D. To audit the financial statements of all banks.
Correct Answer
To assess how effectively member and assessed countries implement the FATF Recommendations.