Cyprus is a member of MONEYVAL, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) measures in Cyprus was conducted by MONEYVAL.

During the FATF Plenary XX in Rio de Janeiro, the FATF issued a statement concerning Iran, Uzbekistan,Turkmenistan, Pakistan and São Tomé and Principe and the AML/CFT improvements in the northern part of Cyprus.