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

Overall, whilst Cyprus has made some progress in addressing the TC deficiencies identified in its MER and first enhanced FUR, it has not been re-rated on any of the FATF Recommendations for which it has a PC rating.

Further steps have been taken to improve compliance with Recommendations 8, 15 and 31 since the adoption of the first enhanced FUR, but some gaps remain.

Cyprus is encouraged to continue its efforts to address the remaining deficiencies.

The country will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures.

MONEYVAL Mutual Evaluation Report - Cyprus 2019

MONEYVAL Follow-up Report Cyprus 2021

MONEYVAL Follow-up Report Cyprus - Jan 2022

MONEYVAL