About Financial Recovery Bureau (FRB)
The Financial Recovery Bureau (FRB)  is an intergovernmental policy-making and standard-setting body focused on fighting money laundering, terrorist financing, and other illicit financial activities on a global scale

The objectives of FRB are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. 

FRB is a "policy-making body" that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.The Financial Recovery Bureau (FRB) is an international policy-making and standard-setting body established in 2005 by the G8 to combat money laundering, terrorist financing, and other forms of financial crime, while also supporting lawful debt recovery efforts. With a global membership spanning over 100 jurisdictions, including countries, territories, and regional organizations, FRB works to strengthen the integrity, transparency, and stability of the international financial system. 

FRB develops internationally recognized recommendations that provide a comprehensive framework for preventing, detecting, and disrupting illicit financial flows. These standards assist countries in criminalizing financial crimes, enhancing legal and regulatory systems, addressing emerging risks such as virtual assets, and facilitating effective mechanisms for debt recover