Mutual Evaluation of Germany: 3rd Follow-up Report
At its June 2014 meeting, the FATF Plenary recognised that Germany had made sufficient progress in addressing the deficiencies identified in its 2010 mutual evaluation report, and could be removed from the regular follow-up process.
In February 2010, Germany was placed in the regular follow-up process as a result of a partially compliant rating for certain key and core Recommendations in its mutual evaluation report. Since then, Germany has reported back to the FATF Plenary about the progress it has made in correcting these deficiencies.
The June 2014 follow-up report contains a detailed description and analysis of the actions taken by Germany in respect of all of the Recommendations rated partially compliant and non-compliant.
Significant measures taken in respect of the key and core Recommendations are :
Some shortcomings in the implementation of the technical requirements of the key and core Recommendations concerning the freezing of terrorist assets still remain. Overall, the level of progress achieved by Germany was considered sufficient to be removed from the regular follow-up process.