Events listed in [FATF] Financial Action Task Force
Consolidated assessment ratings | Mutual Evaluations of Dominica, North Macedonia, ...
ID 24431
The FATF has published its latest updates to its Consolidated assessment ratings together with the publications of Mutual Evaluation Reports of Dominica, North Macedonia, Kazakhstan, Romania, Turkmenistan & Uzbekistan on progress in strengthening measures to tackle money laundering and terrorist financing. The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the FAT ...
Consolidated assessment ratings | Mutual Evaluation and Follow-Up Reports of ...
ID 24317
The FATF has published its latest updates to its Consolidated assessment ratings together with the publications of Mutual Evaluation & Follow-Up Reports of Algeria, Chad, Gabon, Slovenia, Turkey & United Arab Emirates on progress in strengthening measures to tackle money laundering and terrorist financing. The updated Consolidated assessment ratings provide an **up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with ...
FATF Methodology for assessing compliance with the FATF Recommendations and the ...
ID 23983
The FATF has made amendments to its Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT systems, initially adopted on 22 February 2013. This revised Methodology serves as the basis for conducting assessments of technical compliance with the updated FATF Recommendations, adopted in February 2012, as well as evaluating the level of effectiveness of a country’s AML/CFT system. **The document ...
Public Consultations on a) the FATF Best Practice Paper to Combat the Abuse of Non ...
ID 23956
The FATF launched a set of consultations in the context of the FATF Recommendation 8 on NPOs. Indeed, as stated in the FATF Recommendations (last updated in February 2023), the revision of the standard on NPOs aims to provide clarity regarding the specific subset of NPOs that should be subjected to supervision and monitoring. This revision brings INR.8 in line with the FATF Typologies ...
Virtual Assets: Targeted Update on Implementation of the FATF Standards on VAs and ...
ID 23890
The FATF has extended its AML/CFT measures to include VAs and VASPs in order to prevent criminal and terrorist misuse of this sector. However, a recent report by FATF reveals that many jurisdictions are struggling with the implementation of FATF’s standards on VAs and VASPs. The report highlights that **75% of jurisdictions, based on 98 FATF mutual evaluation and follow-up reports, are only partially ...
FATF Plenary Outcomes, Mutual Evaluation of Luxembourg, High-Risk Jurisdictions ...
ID 23851
The third Plenary of the FATF was held under the Presidency of T. Raja Kumar of Singapore in Paris. Delegates from over 200 jurisdictions and international organizations participated in the discussions. The importance of a global response to combat money laundering, financing of terrorism, and proliferation was emphasized. The FATF expressed its condolences to Ukraine for the loss of life and infrastructure caused by ...
Consolidated assessment ratings – Mutual Evaluation & Follow-Up Reports ...
ID 23815
The FATF has published its latest updates to its Consolidated assessment ratings together with the publications of Mutual Evaluation & Follow-Up Reports of Albania, Angola, Madagascar, Mexico, Qatar and Seychelles on progress in strengthening measures to tackle money laundering and terrorist financing. The updated Consolidated assessment ratings provide an **up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the FATF ...
Consolidated assessment ratings – Indonesia’s measures to combat money ...
ID 23027
On 27 April 2023, the FATF has published its latest update to its Consolidated assessment ratings together with the publication of the Mutual Evaluation Report on Indonesia’s measures to combat money laundering and terrorist financing on progress in strengthening measures to tackle money laundering and terrorist financing. CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning ...
Consolidated assessment ratings – Venezuela’s measures to combat money ...
ID 22641
On 20 February 2023, the FATF has published its latest update to its Consolidated assessment ratings together with the publication of the Mutual Evaluation Report of the Bolivarian Republic of Venezuela on progress in strengthening measures to tackle money laundering and terrorist financing. CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical ...
Countering Ransomware Financing
ID 22265
The Financial Action Task Force (FATF) has published a new Countering Ransomware Financing report, highlighting the dramatic increase in financial flows related to ransomware attacks in recent years. The increase in such attacks is due to new techniques, such as targeting large, high-value entities and ransomware as a service. The report emphasizes the dire consequences of ransomware attacks, including damage and disruption to critical ...