The United Kingdom has made significant progress in addressing deficiencies identified in the June 2007 Mutual Evaluation report. The United Kingdom has therefore been removed from the regular follow-up process and will henceforth report on any further improvements to its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) system on a biennial basis.
The Financial Action Task Force (FATF) and the Asian/Pacific Group on Money Laundering (APG) have jointly conducted an assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) standards in New Zealand. The full report is now available for download, the Executive Summary was published on 21 October 2009.
The Financial Action Task Force (FATF) and the Caribbean Financial Action Task Force (CFATF) have jointly conducted an assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) standards in Aruba. The full report is now available for download. The Executive Summary was published on 19 October.
The FATF has agreed to the guidance paper for the life insurance sector on applying a risk-based approach to combating money laundering and terrorist financing. The risk-based approach guidance is the result of a joint FATF-private sector project to develop a series of sector-specific guidance papers.
