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

Publication details

Language

English

Country

Finland

Follow-Up Report Finland-2022

Filename
Follow-Up-Report-Finland-2022.docx.pdf
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4 MB
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application/pdf
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Finland's progress in strengthening measures to tackle money laundering and terrorist financing

4 October 2022 - Since the 2019 assessment of Finland’s measures to tackle money laundering and terrorist financing, the country has taken a number of actions to strengthen its framework.

Consequently, to reflect Finland’s progress, the FATF has re-rated the country on Recommendation 24 - Transparency and beneficial ownership of legal persons - originally rated Partially Compliant, to Largely Compliant.

Finland has 9 Recommendations rated C, 24 rated LC and 7 Recommendations rated PC.

Finland remains on enhanced follow-up and will report back to the Plenary on the remaining deficiencies in October 2023.