Why FSRBs are Central to Sustaining the FATF’s Effectiveness

This article examines how Financial Action Task Force (FATF) standards have increased implementation complexity across jurisdictions, leading to 'reform overload'. Tri Andriyanto's 'reform overload cycle' explains how cumulative obligations and evaluation pressures create bottlenecks, compliance formalism and legitimacy strain. The article argues that effectiveness depends on sustained operational consolidation and highlights the role of FATF-Style Regional Bodies as stabilisers that support sequencing, peer learning and capacity-building within the global network.