Vanuatu

  • 20 Sep 2018

    Vanuatu's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses the progress of Vanuatu in addressing the technical compliance deficiencies identified in its MER.

  • 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.

  • 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

    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.

  • 30 Nov 2017

    Vanuatu's progress in strengthening measures to tackle money laundering and terrorist financing This report analyses Vanuatu's progress in addressing the technical compliance deficiencies and levels of effectiveness in implementing all of the FATF’s global AML/CFT standards identified by APG in 2015.

  • 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.

  • 23 Jun 2017

    Improving Global AML/CFT Compliance: On-going Process - 23 June 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. Afghanistan and Lao PDR are no longer subject to the FATF's On-Going Global AML/CFT Compliance Process.

  • 24 Feb 2017

    Improving Global AML/CFT Compliance: On-going Process - 24 February 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.

  • 21 Oct 2016

    Improving Global AML/CFT Compliance: on-going process - 21 October 2016 The FATF recognised that Guyana had made significant progress in improving its regime to combat money laundering and terrorist financing and will therefore no longer be subject to the FATF’s monitoring process. The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.

  • 24 Jun 2016

    Improving Global AML/CFT Compliance: on-going process – 24 June 2016 The FATF recognised that Myanmar and Papua New Guinea have made significant progress in improving their regimes to combat money laundering and terrorist financing and will therefore no longer be subject to the FATF’s monitoring process.The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.

  • 19 Feb 2016

    Improving Global AML/CFT Compliance: on-going process – 19 February 2016 The FATF recognised that Algeria, Angola and Panama have made significant progress in improving their regimes to combat money laundering and terrorist financing and will therefore no longer be subject to the FATF’s monitoring process.The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.

  • 29 Oct 2015

    Serious deficiencies in Vanuatu’s measures to combat money laundering and terrorist financing The Asia/Pacific Group on Money Laundering (APG) has issued an amended public statement in relation to Vanuatu to reflect the adoption of its third round mutual evaluation report and Vanuatu's referral by APG members to the FATF's International Cooperation Review Group. The public statement, originally issued in October 2014 and updated in September 2015 to take account of the 3rd round report, will remain in place until the most important deficiencies in Vanuatu's anti-money laundering and combating the financing of terrorism (AML/CFT system have been addressed.

  • 5 Oct 2015

    Vanuatu's measures to combat money laundering and terrorist financing This APG report provides a summary of the anti-money laundering (AML) / counter-terrorist financing (CFT) measures in place in Vanuatu as at the date of the on-site visit (26 January - 7 February 2015). The report analyses how effective Vanuatu's AML/CFT system is and provides recommendations on how the system could be strengthened. The findings of this assessment have also been reviewed and endorsed by the FATF.

  • 16 Nov 2006

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

Member of

Head of delegation

Observer to

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.

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

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

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