Follow-Up Report to Ethiopia's assessment of anti-money laundering and counter-terrorist financing measures

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Language

English

Country
M

ESAAMLG-Follow-Up-Report-Ethiopia-2021

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ESAAMLG-Follow-Up-Report-Ethiopia-2021.pdf
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808 KB
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Follow-Up Report to Ethiopia's assessment of anti-money laundering and counter-terrorist financing measures

Overall, Ethiopia has made sufficient progress in addressing deficiencies in technical compliance identified in its MER to justify a re-rating.

  • Recommendation 34 initially rated Partially Compliant is re-rated Largely Compliant

Recommendation 15, which was originally rated Largely Compliant in its 2015 Mutual Evalutation has been downgraded from LC to Partially Compliant.

Ethiopia will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures two months before each Task Force meeting.