The United Kingdom's progress in strengthening measures to tackle money laundering and terrorist financing

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

United Kingdom Follow-Up Report - 2022

R.1 - Assessing risk & applying risk-based approach: LC
R.2 - National cooperation and coordination: C
R.3 - Money laundering offence: C
R.4 - Confiscation and provisional measures: C
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: C
R.9 - Financial institution secrecy laws: C
R.10 - Customer due diligence: LC
R.11 - Record keeping: C
R.12 - Politically exposed persons: C
R.13 - Correspondent banking: C
R.14 - Money or value transfer services: C
R.15 - New technologies: LC
R.16 - Wire transfers: C
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: C
R.21 - Tipping-off and confidentiality: C
R.22 - DNFBPs: Customer due diligence: LC
R.23 - DNFBPs: Other measures: LC
R.24 - Transparency and beneficial ownership of legal persons: LC
R.25 - Transparency and beneficial ownership of legal arrangements: C
R.26 - Regulation and supervision of financial institutions: C
R.27 - Powers of supervisors: C
R.28 - Regulation and supervision of DNFBPs: C
R.29 - Financial intelligence units: PC
R.30 - Responsibilities of law enforcement and investigative authorities: C
R.31 - Powers of law enforcement and investigative authorities: C
R.32 - Cash couriers: LC
R.33 - Statistics: LC
R.34 - Guidance and feedback: C
R.35- Sanctions: C
R.36 - International instruments: C
R.37 - Mutual legal assistance: LC
R.38 - Mutual legal assistance: freezing and confiscation: C
R.39 - Extradition: C
R.40 - Other forms of international cooperation: LC

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

Earlier reports

7 Dec 2018

The United Kingdom's measures to combat money laundering and terrorist financing The United Kingdom has a well-developed and robust regime to effectively combat money laundering and terrorist financing. However, it needs to strengthen its supervision, and increase the resources of its financial intelligence unit.
16 Oct 2009

Mutual Evaluation of the United Kingdom - Follow-Up Report The FATF has released the Follow-Up Report to the Mutual Evaluation Report of the United Kingdom, which was adopted in June 2007. In October 2009, the FATF recognised that the United Kingdom had made significant progress in addressing deficiencies identified in that report, decided that the country should be removed from the regular follow-up process and agreed that it should now report on any further improvements its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT system on a biennial basis.
13 Jun 2007

Mutual evaluation of United Kingdom of Great Britain and Northern Ireland This report provides a summary of the anti-money laundering AML and combating the financing of terrorism CFT measures in place in the UK at December 2006 the date of the on-site visit. The report describes and analyses those measures and provides recommendations on how certain aspects of the system could be strengthened. It also sets out the UK's levels of compliance with the FATF 40 + 9 Recommendations.

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system