FATF Methodology definition

FATF Methodology means the Methodology for Assessing Compliance with the FATF Recommendations and the Effectiveness of AML/CFT systems;

Related to FATF Methodology

  • Specific goals means specific goals as contemplated in section 2(1)(d) of the PPPFA which may include contracting with persons, or group of persons, historically disadvantaged by unfair discrimination on the basis of race, gender and disability including the implementation of programmes of the Reconstruction and Development Programme as published in Government Gazette No. 16085 dated 23 November 1994.

  • Specifications means the specifications of the service included in the Tendering Document submitted by the Service Provider to the Procuring Entity

  • Specification means the Specification of the Works included in the Contract.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.

  • functionality means the ability of a tenderer to provide goods or services in accordance with specifications as set out in the tender documents.