United States

Member since 1990

Since the 2016 assessment of the effectiveness of the United States' measures to combat money laundering and terrorist financing, the country reported back to the FATF in 2020 on the actions it had taken to strengthen its AML/CFT framework.  As a result, and to reflect this progress, the FATF rerated the United States on Recommendation 10 (Customer Due Diligence).  

As of March 2024, the United States is compliant on 9 of the 40 Recommendations and largely compliant on 23 of them. It remains partially compliant on 5 of the 40 Recommendations and non compliant on 3 of them. The country will report back to the FATF on progress achieved in improving the implementation of its AML/CFT measures in its 5th round mutual evaluation.

United States' progress in strengthening measures to tackle money laundering and terrorist financing

26 Mar 2024

This is the United States’ 7th Enhanced Follow-up Report (FUR) with technical compliance re-ratings. This FUR analyses the United States’ progress in addressing some of the technical compliance deficiencies identified in its MER. Re-ratings are given where progress has been made.
Read more
UnIted States Follow Up

United States' measures to combat money laundering and terrorist financing

30 Nov 2016

The United States has a robust regime to combat money laundering and terrorist financing, however, serious gaps impede timely access to beneficial ownership information
Read more
Mutual Evaluation of Australia-2015

Ratings

Technical Compliance

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

United States Follow-Up Report - 2024

R.1 - Assessing risk & applying risk-based approach
PC
R.2 - National cooperation and coordination
C
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
LC
R.7 - Targeted financial sanctions related to proliferation
LC
R.8 - Non-profit organisations
LC
R.9 - Financial institution secrecy laws
C
R.10 - Customer due diligence
LC
R.11 - Record keeping
LC
R.12 - Politically exposed persons
PC
R.13 - Correspondent banking
LC
R.14 - Money or value transfer services
LC
R.15 - New technologies
LC
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
LC
R.20 - Reporting of suspicious transactions
PC
R.21 - Tipping-off and confidentiality
C
R.22 - DNFBPs: Customer due diligence
NC
R.23 - DNFBPs: Other measures
NC
R.24 - Transparency and beneficial ownership of legal persons
LC
R.25 - Transparency and beneficial ownership of legal arrangements
PC
R.26 - Regulation and supervision of financial institutions
LC
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
LC
R.32 - Cash couriers
C
R.33 - Statistics
LC
R.34 - Guidance and feedback
LC
R.35- Sanctions
LC
R.36 - International instruments
LC
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
C

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.

United States - Mutual Evaluation 2016

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

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

Other related content 

  • 26 Mar 2024

    United States' progress in strengthening measures to tackle money laundering and terrorist financing This is the United States’ 7th Enhanced Follow-up Report (FUR) with technical compliance re-ratings. This FUR analyses the United States’ progress in addressing some of the technical compliance deficiencies identified in its MER. Re-ratings are given where progress has been made.

  • 21 Apr 2022

    The future of the Global Network - Strategic Vision The Ministers of the Financial Action Task Force FATF members committed to take swift and decisive action to improve the effectiveness of measures to fight money laundering, terrorist and proliferation financing at their meeting in Washington D.C. today.

  • 20 Apr 2022

    FATF Ministerial Meeting On 21 April, Ministers of the Financial Action Task Force will meet to discuss the role of the FATF in taking action against the crimes that impact our society and threaten global security.

  • 4 May 2020

    Annual Report 2018-2019 An overview of the FATF's achievements under the Presidency of Marshall Billingslea of the United States 1 July 2018 - 30 June 2019.

  • 31 Mar 2020

    United States' progress in strengthening measures to tackle money laundering and terrorist financing Since its mutual evaluation in 2016, the United States has worked to improve the effectiveness of its national framework to combat money laundering and terrorist financing.

  • 21 Jun 2019

    Outcomes FATF Plenary, 16-21 June 2019 FATF President Marshall Billingslea of the United States, chaired the third and last Plenary meeting under the U.S. Presidency in Orlando on 19-21 June 2019

  • 12 Apr 2019

    FATF Ministers give FATF an open-ended Mandate FATF's mandate reflects the need for FATF to continue to lead decisive, co-ordinated and effective global action to counter the threats of the abuse of the financial system.

  • 8 Apr 2019

    FATF Report to G20 Finance Ministers and Central Bank Governors This report provides an update on FATF’s efforts to fight money laundering and the financing of terrorism and proliferation. It also sets out ongoing work to strengthen FATF’s institutional basis, governance and capacity.

  • 27 Mar 2019

    UN Security Council: Preventing and combating the financing of terrorism New UN resolution reaffirms the close collaboration between the FATF and the United Nations in the fight against terrorist fighting

  • 19 Oct 2018

    Outcomes FATF Plenary, 17-19 October 2018 Under the Presidency of Mr. Billingslea of the United States, delegates discussed among other issues: combating the financing of terrorism, the Mutual Evaluation of Israel and the United Kingdom, regulation of virtual assets.

  • 18 Jul 2018

    Objectives for the FATF during the US Presidency 2018-2019 An overview of the objectives for the US Plenary year July 2018-June 2019, as presented by FATF President Marshall Billingslea to the Plenary in June 2018.

  • 30 Nov 2016

    United States' measures to combat money laundering and terrorist financing The United States has a robust regime to combat money laundering and terrorist financing, however, serious gaps impede timely access to beneficial ownership information

  • 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

  • 23 Jun 2006

    Mutual Evaluation of the United States Key findings of the Mutual Evaluation of the United States. The report describes and analyses the anti-money laundering and counter-terrorist financing (AML/CFT laws, regulations and other measures that have been put in place by the United States.

  • 1 Jul 1996

    FATF Annual Report 1995-1996 The seventh FATF Plenary year was chaired by the United States. Major achievements of this Plenary year included the completion of the stocktaking review of the forty FATF Recommendations and the adoption of a policy for assessing the performance of non-member governments.