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The future of the Financial Action Task Force depends on the group's willingness to recognize and address its growing "legitimacy deficit" in an increasingly multipolar world, an influential U.K. policy center claimed Wednesday. In a 9-page report based on a roundtable discussion with current and former delegates and officials at FATF, the Royal United Services Institute warned that the dominance of wealthy Western nations in the group and a lack of transparency into its decision-making processes could trigger a "walkout" by nations in the Global South. "The changing geopolitical landscape and, in particular, the expanding BRICS community, may ... lead...