The FATF has released the Follow-Up Report to the Mutual Evaluation Report of the United Kingdom, which was adopted in June 2007. In October 2009, the FATF recognised that the United Kingdom had made significant progress in addressing deficiencies identified in that report, decided that the country should be removed from the regular follow-up process and agreed that it should now report on any further improvements its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) system on a biennial basis.

This report provides an overview of the Plenary year from 1 July 2007 to 30 June 2008, under the Presidency of Sir James Sassoon of the United Kingdom.

This report provides a summary of the anti-money laundering (AML) and combating the financing of terrorism (CFT) measures in place in the UK at December 2006 (the date of the on-site visit). The report describes and analyses those measures and provides recommendations on how certain aspects of the system could be strengthened. It also sets out the UK's levels of compliance with the FATF 40 + 9 Recommendations.

During the fifth Plenary year of the FATF, under the Presidency of the United Kingdom, the FATF reviewed its future mission and programme and decided that the FATF should be maintained for a further five years.