MENAFATF Member countries endeavour towards achieving the following objectives:

• To adopt and implement the FATF 40 Recommendations on combating money laundering and financing of terrorism and proliferation;

• To implement the relevant UN treaties and agreements and United Nations Security Council Resolutions;

• To co-operate among each other to raise compliance with these standards within the MENA Region and to cooperate with other international and regional organizations, institutions and agencies to improve compliance worldwide;

• To work jointly to identify issues of regional nature related to money laundering and terrorist financing, and to share relevant experiences and to develop solutions for dealing with them;

• To take measures throughout the region to effectively combat money laundering and terrorist financing in a way that does not contradict with the cultural values, constitutional frameworks and legal systems in the member countries.