Norway’s measures to combat money laundering and terrorist financing

FATF has completed its assessment of Norway’s anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment of Norway is a comprehensive review of the effectiveness of its measures to combat money laundering and terrorist financing. 

Norway has taken some good initiatives to combat money laundering and terrorist financing, but needs to establish overarching policies and strategies, and address significant weaknesses in a number of key areas.    

The mutual evaluation report of Norway sets out how well Norway has implemented the  technical requirements of the FATF Recommendations and how effective its AML/CFT system is.  The report presents the key findings of the assessment team and the priority actions for Norway to improve its AML/CFT system.