Universal Procedures
As amended Januray 2021.
The assessments of countries' effective implementation of the 2012 FATF Recommendations are conducted in accordance with the 2013 Assessment Methodology.
In principle, FATF-Style Regional Bodies (FSRBs) and International Financial Institutions, should be using the same or similar procedures as the FATF. While there is some flexibility in the procedural arrangements, there is a set of core elements that should apply to all assessments. This obligation is noted in the High-Level Principles and Objectives for FATF and FATF-style regional bodies which govern the relationship between FATF and FSRB.
The Consolidated Processes and Procedures for Mutual Evaluations and Follow-Up set out the core elements that form the basis for all evaluations, and are based on the Procedures for the FATF 4th Round of AML/CFT evaluations.
More on:
- High-Level Principles for the relationship between the FATF and the FATF-style regional bodies
- Procedures for the FATF Fourth Round of AML/CFT Mutual Evaluations
- 2013 FATF Methodology for assessing technical compliance with the FATF Recommendations and the effectiveness of AML/CFT Systems
- More information the Mutual Evaluation Process
- Global Assessment Calendar