Mutual Evaluation of New Zealand: 2nd Follow-up Report
New Zealand was placed in the regular follow-up process as a result of non-compliant (NC) and partially compliant (PC) ratings for certain core and key Recommendations in its mutual evaluation report of October 2009.
The October 2013 follow-up report contains a detailed description and analysis of the actions taken by New Zealand in respect of all Recommendations rated partially compliant (PC) or non-compliant (NC) in the 2009 mutual evaluation report – including the core, the key and all other Recommendations.
Since the adoption of its mutual evaluation report in 2009, New Zealand has focused its attention on:
In October 2013, the FATF recognised that New Zealand had made significant progress in addressing the deficiencies identified in the 2009 mutual evaluation report and could be removed from the regular follow-up process. The decision by the FATF to remove a country from the regular follow-up process is based on procedures agreed in October 2009.