Honduras' measures to combat money laundering and terrorist financing

The (GAFILAT) completed its assessment of Honduras' anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of Honduras' AML/CFT system and its level of compliance with the FATF Recommendations. The mutual evaluation report was adopted by the GAFILAT Plenary in December 2015, following which, the report was subject to a quality and consistency review. 

The high-levels of organised crime in Honduras, mainly related to drug-related activies, are the main money laundering threat in Honduras.  The authorities' resources are mainly focused on attacking organised crime and the money laundering that results from it. The report presents the key findings of the assessment team and the priority actions for Honduras to improve its AML/CFT system. 

The findings of this assessment have also been reviewed and endorsed by the FATF.