In a blog post, the organisation said users could flag content that they suspected of being false for checking by the Full Fact team.
"Our team will identify and review public pictures, videos or stories and rate them as true, false or a mixture of accurate and inaccurate content," Full Fact said.
Facebook has been embroiled in controversy ever since it was discovered that fake news reports were published in large numbers on the site during the 2016 US presidential election.
The fact-checking will not result in content being removed; it will lead to one of the following nine options being assigned to the content:
False: The primary claim(s) of the content are factually inaccurate. This generally corresponds to "false" or "mostly false" ratings on fact-checkers' sites.
Mixture: The claim(s) of the content are a mix of accurate and inaccurate, or the primary claim is misleading or incomplete.
False headline: The primary claim(s) of the article body content are true, but the primary claim within the headline is factually inaccurate.
True: The primary claim(s) of the content are factually accurate. This generally corresponds to "true" or "mostly true" ratings on fact-checkers' sites.
Not eligible: The content contains a claim that is not verifiable, was true at the time of writing, comes from another social platform or from a website or Page with the primary purpose of expressing the opinion or agenda of a political figure.
Satire: The content is posted by a Page or domain that is a known satire publication, or a reasonable person would understand the content to be irony or humour with a social message. It still may benefit from additional context.
Opinion: The content expresses a personal opinion, advocates a point of view (e.g. on a social or political issue) or is self-promotional. This includes, but is not limited to, content shared from a website or Page with the main purpose of expressing the opinions or agendas of public figures, think tanks, NGOs and businesses.
Prank generator: Websites that allow users to create their own "prank" news stories to share on social media sites.
Not rated: This is the default state before fact-checkers have fact-checked content or if the URL is broken. Leaving it in this state (or returning to this rating from another rating) means that we should take no action based on your rating.
Any content rated false will not be distributed as much as it would be otherwise and will rank lower in Facebook's news feeds. Pages that habitually post content that is rated false by fact checkers will have their distribution reduced.
Full Fact said it would publish all fact-checks on its own website and that it would not be given access to Facebook users' private data for any reason.