Cayman Islands measures to combat money laundering and terrorist financing

Publication details

Language

English

Country

Cayman Islands

CFATF Cayman Islands Mutual Evaluation 2019

Filename
CFATF-Cayman-Islands-Mutual-Evaluation.pdf
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2 MB
Format
application/pdf
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The Caribbean Financial Action Task Force (CFATF) completed its assessment of Cayman Islands' anti-money laundering and counter-terrorist (AML/CFT) system.  The assessment is a comprehensive review of the effectiveness of Cayman Islands' measures to combat money laundering and terrorist financing and its level of compliance with the FATF Recommendations.    

The report was formally adopted by the CFATF Plenary, and the findings of this assessment have also been reviewed and endorsed by the FATF.  

 

More information: 

The FATF Recommendations

FATF issues new Mechanism to Strengthen Money Laundering and Terrorist Financing Compliance

The Caribbean Financial Action Task Force (CFATF)

 

Previous reports 

 

Follow-up Reports to the Mutual Evaluation of Cayman Islands

Mutual Evaluation of Cayman Islands - 2007

Technical Compliance

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

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

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

HE = high level of effectiveness   |   SE = substantial level of effectiveness    |   ME = moderate level of effectiveness   |   LE = low level of effectiveness