Trinidad and Tobago

Dominica

Country: countries:dominica
Assessment Body: regional-bodies:cfatf
Last evaluation: 2019-07-01 00:00
Possible onsite period: 2022-08-01 00:00
Possible Plenary discussion: 2022-05-01 00:00

Dominica

Country: countries:dominica
Assessment Body: regional-bodies:cfatf
Last evaluation: 2019-07-01 00:00
Possible onsite period: 2022-08-01 00:00
Possible Plenary discussion: 2022-05-01 00:00

Related publications

21 Feb 2020

Jurisdictions under Increased Monitoring – 21 February 2020 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Trinidad and Tobago is no longer subject to monitoring.
18 Oct 2019

Improving Global AML/CFT Compliance: On-going Process - 18 October 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF welcomes the significant progress made by Ethiopia, Sri Lanka and Tunisia in improving their AML/CFT regime and as a result, these countries are no longer subject to FATF's monitoring process.
29 Jul 2019

Trinidad and Tobago's progress in strengthening measures to tackle money laundering and terrorist financing Trinidad and Tobago has made good progress in addressing the technical compliance deficiencies identified in its MER and has been re-rated on 18 Recommendations.
21 Jun 2019

Improving Global AML/CFT Compliance: On-going Process - 21 June 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF welcomes Serbia's significant progress in improving its AML/CFT regime and as a result, the country is no longer subject to FATF's monitoring process.
22 Feb 2019

Improving Global AML/CFT Compliance: On-going Process - 22 February 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
19 Oct 2018

Improving Global AML/CFT Compliance: On-going Process - 19 October 2018 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
29 Jun 2018

Improving Global AML/CFT Compliance: On-going Process - 29 June 2018 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF recognised that Iraq and Vanuatu have made significant progress in improving their AML/CFT regime and will therefore no longer be subject to the FATF’s monitoring process.
23 Feb 2018

Improving Global AML/CFT Compliance: On-going Process - 23 February 2018 The FATF updated its statements identifying jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. Bosnia and Herzegovina is no longer subject to the FATF's On-Going Global AML/CFT Compliance Process.
4 Nov 2017

Improving Global AML/CFT Compliance: On-going Process - 3 November 2017 The FATF updated its statements identifying jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF updated its statements identifying jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. Uganda is no longer subject to the FATF's On-Going Global AML/CFT Compliance Process.
8 Jun 2016

Trinidad and Tobago's measures to combat money laundering and terrorist financing This CFATF report provides a summary of the anti-money laundering (AML) / counter-terrorist financing (CFT) measures in place in Trinidad and Tobago. The report provides recommendations on how Trinidad and Tobago's AML/CFT system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.
19 Oct 2012

Improving Global AML/CFT Compliance: on-going process - 19 October 2012 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
19 Oct 2012

Outcomes of the Plenary meeting of the FATF, Paris, 17-19 October 2012 The FATF Plenary issued a statement concerning Turkey, reviewed the voluntary tax compliance programmes in Curaçao and published the follow-up report to the mutual evaluation report of Hong Kong, China. The Plenary also revised two Best Practices Papers and the Reference Guide and Information Note on the use of the FATF Recommendations to support the fight against Corruption.
25 Jun 2012

Improving Global AML/CFT Compliance: on-going process - 22 June 2012 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
15 May 2012

Follow-up Reports to the Mutual Evaluation of Trinidad and Tobago The follow-up reports, presented at the CFATF Plenary meetings, provide an analysis of the progress made by Trinidad and Tobago to correct the deficiencies identified in the Mutual Evaluation Report MER which was adopted by the CFATF Council of Ministers in May 2007.
16 Feb 2012

Improving Global AML/CFT Compliance: on-going process - 16 February 2012 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
28 Oct 2011

Improving Global AML/CFT Compliance: on-going process - 28 October 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
24 Jun 2011

Improving Global AML/CFT Compliance: on-going process - 24 June 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
25 Feb 2011

Improving Global AML/CFT Compliance: on-going process - 25 February 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
22 Oct 2010

Improving Global AML/CFT Compliance: update on-going process - October 2010 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
25 Jun 2010

Improving Global AML/CFT Compliance: update on-going process - June 2010 The FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. While the situations differ among each jurisdiction, each jurisdiction has provided a written high-level political commitment to address the identified deficiencies.
18 Feb 2010

Improving Global AML/CFT Compliance: update on-going process - February 2010 As part of its ongoing review of compliance with the anti-money laundering and counter-terrorist financing standards, the FATF has to date identified a number of jurisdictions which have strategic deficiencies. These jurisdictions have developed an action plan with the FATF to address these deficiencies. While the situations differ among each jurisdiction, each jurisdiction has provided a written high-level political commitment to address the identified deficiencies. FATF welcomes these commitments.
15 May 2007

Mutual Evaluation of Trinidad and Tobago Trinidad and Tobago is a member of CFATF, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Trinidad and Tobago was conducted by CFATF.

Member of

Ratings

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.

Benin Follow-Up Report 2023

IO1: LE
IO2: LE
IO3: LE
IO4: LE
IO5: LE
IO6: LE
IO7: LE
IO8: LE
IO9: LE
IO10: LE
IO11: LE

Technical Compliance

Definition

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

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant

Benin Follow-Up Report 2023

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

Trinidad and Tobago

Dominica

Dominica

Related publications

Member of

Ratings

Effectiveness

Benin Follow-Up Report 2023

Technical Compliance

Benin Follow-Up Report 2023

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