Interim follow-up report to the Mutual Evaluation of Greece

04-Mar-2010

The FATF has released an interim follow-up report, setting out progress made since the report of the third mutual evaluation of Greece, which was published in June 2007.

Since the publication of the mutual evaluation report, Greece has provided the FATF Plenary with progress reports on a regular basis.  At the February 2010 Plenary meeting, Greece requested the publication of this progress report.

Outcomes of the MENAFATF-FATF Plenary Meeting, Abu Dhabi, 17-19 February 2010

22-Feb-2010

The Chairman's summary provides an overview of the major outcomes of the Plenary, which includes the publication of the mutual evaluations of Germany and Luxembourg.

FATF Plenary, Abu Dhabi 17-19 February 2010

18-Feb-2010

As part of its on-going work and in response to the G20 call to identify jurisdictions, the FATF has produced two documents:
- FATF Public Statement
- Improving Global AML/CFT Compliance: On-going Process

Fourth public statement of the MONEYVAL Committee in respect of Azerbaijan

14-Dec-2009

During its 31st Plenary meeting (7-11 December 2009), MONEYVAL issued a fourth public statement in respect of Azerbaijan under Step VI of its Compliance Enhancing Procedures and decided to withdraw the previously issued public statements as well as the advice to financial institutions made in its statement of 12 December 2008.

Mutual Evaluation of Austria

01-Dec-2009

The assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) standards in Austria was conducted by a team of assessors composed of staff of the International Monetary Fund (IMF) and one expert acting under the supervision of the IMF.  The Executive Summary and the full report are now available.

Follow Up Report to the Mutual Evaluation of the United Kingdom

10-Nov-2009

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 need for enhanced transparency

03-Nov-2009

Vital parts of the FATF standards are linked to transparency.  The financial crisis reinforces the need for fully effective transparency, this is a high priority issue for the FATF.  FATF President Paul Vlaanderen, highlights this and other FATF priorities during his speech at the Carribbean Action Task Force Council of Ministers Meeting on 30 October 2009.

Mutual Evaluation of New Zealand

03-Nov-2009

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.

Mutual Evaluation Report of Aruba, Kingdom of the Netherlands

30-Oct-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.

Briefing to the United Nations Security Council Committee, New York, 26 October 2009

27-Oct-2009

FATF President Paul Vlaanderen emphasises the importance of the relationship of the FATF with the United Nations, and his commitment to encouraging its growth during his Presidency.

Money Laundering and Terrorist Financing in the Securities Sector

26-Oct-2009

The securities sector is one of the core industries through which persons and entities can access the financial system, providing opportunities for criminals to misuse the financial system.  This FATF study describes (i) how criminals might be able to use securities firms to launder money and finance terrorism and (ii) how illicit funds can be generated through fraudulent activities.

Risk-based Approach: Guidance for the Life Insurance Sector

19-Oct-2009

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.

Chairman's Summary, FATF Plenary, Paris, 14-16 October 2009

16-Oct-2009

The Chairman's summary which summarises the decisions taken at the October 2009 Plenary of the FATF, including the FATF statement concerning the anti-money laundering and countering the financing of terrorism (AML/CFT) systems of Iran, Uzbekistan, Turkmenistan, Pakistan and São Tome and Principe.

FATF welcomes the Republic of Korea as a member

14-Oct-2009

The Republic of Korea becomes the 35th member of the FATF. 

Member countries of the FATF welcomed the Republic of Korea as a member at the FATF Plenary meeting in Paris 14 October 2009. 

MONEYVAL Statement in respect of Azerbaijan

02-Oct-2009

MONEYVAL issued a third public statement in respect of Azerbaijan under Step VI of its Compliance Enhancing Procedures at its 30th Plenary meeting (21-24 September 2009). The first Public Statement issued by MONEYVAL on 12 December 2008 and the second Public Statement of 20 March 2009 remain in effect.