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

Publication details

Language

English

Country

Lithuania has improved its measures for tackling money laundering and terrorist financing according to this follow-up report which focuses on Lithuania's progress in compliance with four of the FATF Recommendations. 

As a result of this progress:  

  • Recommendation 2, has been re-rated from Partially Compliant to Compliant. 

Recommendations 6 (targeted financial sanctions related to terrorism and terrorist financing), 7 (targeted financial sanctions related to proliferation) and 28 (regulation and supervision of designated non-financial businesses and professions (DNBPs)) were also assessed, however these remained rated Partially Compliant.  

Out of the 40 FATF Recommendations, Lithuania currently has:

  • 9 Recommendations rated Compliant
  • 27 Recommendations rated Largely Compliant
  • 4 Recommendations rated Partially Compliant

 

Filename
Lithuania-MONEYVAL-FUR-2024.pdf
Size
901 KB
Format
application/pdf
Download the Follow-up report Lithuania 2023

Earlier Reports

Related materials

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
ESAAMLG Logo

The 2022 and 2013 Methodologies for Assessing Technical Compliance with the FATF Recommendations and the Effectiveness of AML/CFT/CPF Systems

These documents are guides intended for use by assessors who are tasked with conducting a mutual evaluation. They provide a structured framework of analysis that ensures a level of consistency and high quality of the mutual evaluation reports produced. Latest update: August 2024