Brazil

Member since 2000

Brazil has not yet been assessed in the fourth round of mutual evaluations. Due to the COVID-19 pandemic and the pause in the FATF's assessment process, the mutual evaluation of Brazil has been postponed to 2023.

Brazil

Assessment Body: FATF-GAFILAT
Last evaluation: 2010-06-25 00:00
Possible onsite period: 2023-03-01 00:00
Possible Plenary discussion: 2023-10-01 00:00

Between 2016 and 2019, the FATF issued a number of statements conveying deep concerns about Brazil's continued failure to remedy the serious deficiencies identified in its June 2010 mutual evaluation report (third round of mutual evaluations), especially regarding terrorism and terrorist financing. In 2019, Brazil addressed most of these deficiencies when it adopted a new framework for identifying and freezing terrorist assets.

18 Oct 2019

Outcomes FATF Plenary, 16-18 October 2019 FATF President Xiangmin Liu of the People's Republic of China, chaired the first Plenary meeting under the Chinese Presidency in Paris on 16-18 October 2019. Outcomes from this Plenary include the adoption of the assessments of Russia and Turkey, Brazil, Best Practices and new work on combating the laundering of proceeds of illegal wildlife trade.

Other related content

18 Oct 2019

Outcomes FATF Plenary, 16-18 October 2019 FATF President Xiangmin Liu of the People's Republic of China, chaired the first Plenary meeting under the Chinese Presidency in Paris on 16-18 October 2019. Outcomes from this Plenary include the adoption of the assessments of Russia and Turkey, Brazil, Best Practices and new work on combating the laundering of proceeds of illegal wildlife trade.
21 Jun 2019

Statement on Brazil Statement on Brazil's action to action to remedy the deficiencies in its June 2010 mutual evalation report.
22 Feb 2019

FATF Statement on Brazil FATF Statement on Brazil's steps towards addressing the deficiencies identified in its mutual evaluation report.
29 Jun 2018

Outcomes FATF-MENAFATF Joint Plenary, 27-29 June 2018 Under the Presidency of Mr. Santiago Otamendi of Argentina, delegates discussed among other issues combatting terrorist financing, the assessment of Bahrain's and Saudi Arabia's mutual evaluations, and anti-money laundering / countering the financing of terrorism improvements in Iraq and Vanuatu.
23 Feb 2018

Outcomes FATF Plenary, 21-23 February 2018 Under the Presidency of Mr. Santiago Otamendi of Argentina, delegates discussed among other issues combatting terrorist financing, the assessment of Iceland, Iran's actions to address deficiencies in its AML/CFT system.
23 Jun 2017

Outcomes of the Plenary meeting of the FATF, Valencia, 21-23 June 2017 Under the Spanish Presidency of Mr. Vega-Serrano, delegates discussed the global response to terrorist financing, improving transparency and beneficial ownership, and the mutual evaluation reports of Denmark and Ireland, and issued a statement on Brazil.
24 Feb 2017

Outcomes of the Plenary meeting of the FATF, Paris, 22-24 February 2017 Under the Spanish Presidency of Mr. Vega-Serrano, delegates discussed the global response to terrorist financing, improving transparency and beneficial ownership, and the mutual evaluation report of Sweden.
21 Oct 2016

Outcomes of the Plenary meeting of the FATF, Paris, 19-21 October 2016 Under the Spanish Presidency of Mr. Vega-Serrano, delegates discussed the global response to terrorist financing, the decline of correspondent banking relationships, transparency and beneficial ownership. Delegates also discussed the assessments of measures to combat money laundering and terrorist financing in Switzerland and the United States. The Plenary issued a statement on Brazil's progress to address the serious deficiencies identified in its mutual evaluation reports, and the important issues that remain unresolved
27 Jun 2016

Outcomes of the Plenary meeting of the FATF, Busan Korea, 22–24 June 2016 Delegates discussed improving transparency and beneficial ownership, and the global response to terrorist financing. The FATF adopted a new Standard for non-profit organisations, issued a statement on Iran and discussed the mutual evaluation reports of Austria, Canada and Singapore. During the list meeting under the Korean Presidency, delegates also heard an update of AML/CFT improvements in Myanmar and Papua New Guinea.
19 Feb 2016

Outcomes of the Plenary meeting of the FATF, Paris, 17-19 February 2016 Terrorist financing remained the top priority for the FATF, during its third Plenary meeting under the Korean Presidency. Other issues the FATF Plenary discussed include the AML/CFT improvements in Algeria, Angola and Panama and the Guidance on the Risk-Based Approach for Money or Value Transfer Services. The FATF issued a statement concerning Brazil's continued failure to address the serious deficiencies identified in its mutual evaluation reports. FATF welcomed Malaysia as a member and Israel as an observer.
25 Jun 2010

Mutual Evaluation Report of Brazil They key findings of the mutual evaluation report which summarises the anti-money laundering (AML)/combating the financing of terrorism CFT measures in place in the Federative Republic of Brazil as of the time of the on-site visit 26 October to 7 November 2009, and shortly thereafter.
3 Jul 2000

FATF Annual Report 1999-2000 Portugal chaired the seventh FATF Plenary year. During this plenary year, Argentina, Brazil and Mexico became full members of the FATF.