Nicaragua's measures to combat money laundering and terrorist financing

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Language

English

Country
MUTUAL EVALUATION REPORT OF THE REPUBLIC OF NICARAGUA

GAFILAT - Mutual Evaluation of Nicaragua- 2017

October 2017
Filename
GAFILAT-MER-Nicaragua-2017.pdf
Size
3 MB
Format
application/pdf
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Nicaragua's measures to combat money laundering and terrorist financing

The (GAFILAT) completed its assessment of Nicaragua's anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of Nicaragua's ' AML/CFT system and its level of compliance with the FATF Recommendations. The mutual evaluation report was adopted at the GAFILAT Plenary in July 2017, following which, the report was subject to a quality and consistency review. 

Nicaragua has made important efforts to understand its risks and has completed the ML/TF National Risk Assessment (ML/TF NRA), and on that basis and on that basis, it has developed a National Strategy and AML/CTF National Action Plan (NAP). Authorities have conducted efforts for combating ML related to its main threats: drug-trafficking and organized crime.

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

Download the report:

GAFILAT - Mutual Evaluation of Nicaragua- 2017Informe de Evaluación Mutua de la República de Nicaragua

More information: 

 on Nicaragua's measures to combat money laundering and terrorist financing

The FATF Recommendations

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

 

Key findings, ratings and priority actions:

 

 

 

 

 

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