Which international regulatory framework does FGX adhere to for money laundering prevention?

The correct answer is the Financial Action Task Force (FATF), as FGX follows the international standards and guidelines set forth by this organization for preventing money laundering and terrorist financing. The FATF is a global intergovernmental body that establishes policies to combat these financial crimes, focusing on creating a comprehensive regulatory framework that member states and institutions adhere to.

By adhering to FATF guidelines, FGX ensures that it implements effective measures, including customer due diligence, reporting suspicious transactions, and maintaining robust compliance programs. This alignment not only enhances the integrity of the financial system but also promotes international cooperation in combating money laundering risks.

Other options, such as the Financial Stability Board (FSB), International Monetary Fund (IMF), and World Bank Guidelines, involve important aspects of financial and economic stability, but they do not specifically focus on the procedures and frameworks for combating money laundering. Their roles may intersect with financial regulation and stability, yet they do not provide the targeted guidance that FATF offers regarding anti-money laundering practices.