Global leaders commit to fighting financial crime through coordinated international action.

Global ministers at the International Monetary Fund and World Bank Spring Meetings reaffirmed a commitment to fighting financial crime through coordinated action under the Financial Action Task Force. Leaders emphasized the urgent need to implement international standards to combat money laundering, terrorist financing, and rising threats like fraud and organized crime. They called for stronger international cooperation and risk-based approaches to secure cross-border financial systems against evolving risks.