---
title: Wolfsberg Group Response to FATF's Amendments to Payment Transparency
description: The Wolfsberg Group published its response to the drafted FATF amendments to Recommendation 16, on payment transparency.
---

[News & insights ](https://www.plenitudeconsulting.com/news-insights)

# [Wolfsberg Group Response to FATF's Amendments to Payment Transparency](https://www.plenitudeconsulting.com/news-insights/wolfsberg-group-response-to-fatfs-amendments-to-payment-transparency)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Apr 26, 2024 12:48:00 PM

The response presents the Group’s views on:

- Applicability of the Recommendation on payment types;
- Fragmentation of payment chains; and
- Management of fraud risks.

Firms can view the Group’s response to the now-closed consultation in advance of potential forthcoming changes to the FATF Recommendation.

[View full post](https://www.plenitudeconsulting.com/news-insights/wolfsberg-group-response-to-fatfs-amendments-to-payment-transparency)

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