Belgium

Member since 1990

In 2025, the FATF assessed the effectiveness of Belgium's measures to combat money laundering and their compliance with FATF Recommendation.

The assessment found that Belgium’s AML/CFT/CPF system is technically largely aligned with the FATF Recommendations, following legislative and regulatory reforms carried out since its 2015 evaluation. Significant improvements are still needed to improve the effectiveness of the measures in place in a number of important risk areas, including in relation to rules governing virtual assets (VAs).

Today, the country is compliant with 13 Recommendations, largely compliant with another 20 Recommendations, but remains partially compliant with 6 Recommendations and non-compliant with 1 Recommendation. Following the assessment, Belgium received a roadmap of Key Recommended Actions that it must complete within three years, such as allocating resources and effective technological tools to the authorities responsible for the investigation and prosecution of money laundering, implementing a strategic approach to address its main money laundering and terrorist financing risks, and specifically targeting transnational organised criminal networks involved in money laundering and terrorist financing.

Based on Effectiveness and Technical Compliance Ratings, Belgium is placed in enhanced follow-up. Belgium will report back to the FATF on its progress.

Belgium's measures to counter money laundering, terrorist financing and proliferation financing

16 Dec 2025

The Financial Action Task Force mutual evaluation of Belgium assessed the effectiveness of the country’s measures against money laundering, countering terrorist financing and proliferation financing (AML/CFT/CPF), and their level of compliance with the FATF Recommendations, at the time of an on-site visit between January-February 2025.
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Ratings

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

Belgium Mutual Evaluation 2025

R.1 - Assessing risk & applying risk-based approach
LC
R.2 - National cooperation and coordination
PC
R.3 - Money laundering offence
LC
R.4 - Confiscation and provisional measures
LC
R.5 - Terrorist financing offence
C
R.6 - Targeted financial sanctions related to terrorism & terrorist financing
PC
R.7 - Targeted financial sanctions related to proliferation
LC
R.8 - Non-profit organisations
PC
R.9 - Financial institution secrecy laws
C
R.10 - Customer due diligence
C
R.11 - Record keeping
LC
R.12 - Politically exposed persons
C
R.13 - Correspondent banking
PC
R.14 - Money or value transfer services
C
R.15 - New technologies
NC
R.16 - Wire transfers
LC
R.17 - Reliance on third parties
LC
R.18 - Internal controls and foreign branches and subsidiaries
LC
R.19 - Higher-risk countries
C
R.20 - Reporting of suspicious transactions
LC
R.21 - Tipping-off and confidentiality
C
R.22 - DNFBPs: Customer due diligence
LC
R.23 - DNFBPs: Other measures
LC
R.24 - Transparency and beneficial ownership of legal persons
PC
R.25 - Transparency and beneficial ownership of legal arrangements
LC
R.26 - Regulation and supervision of financial institutions
C
R.27 - Powers of supervisors
C
R.28 - Regulation and supervision of DNFBPs
LC
R.29 - Financial intelligence units
LC
R.30 - Responsibilities of law enforcement and investigative authorities
C
R.31 - Powers of law enforcement and investigative authorities
C
R.32 - Cash couriers
PC
R.33 - Statistics
LC
R.34 - Guidance and feedback
LC
R.35- Sanctions
C
R.36 - International instruments
C
R.37 - Mutual legal assistance
LC
R.38 - Mutual legal assistance: freezing and confiscation
LC
R.39 - Extradition
LC
R.40 - Other forms of international cooperation
LC

C = compliant   |   LC = largely compliant     |   PC = partially compliant   |   NC = non-compliant   |   NA = not applicable

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Belgium Mutual Evaluation 2025

IO1
ME
IO2
ME
IO3
ME
IO4
ME
IO5
ME
IO6
SE
IO7
ME
IO8
ME
IO9
SE
IO10
ME
IO11
ME

HE = high level of effectiveness   |   SE = substantial level of effectiveness    |   ME = moderate level of effectiveness   |   LE = low level of effectiveness

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