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

Publication details

Language

English
French

Country

Topic

Cabo Verde has made progress in resolving some of the technical compliance shortcomings identified in its 2019 Mutual Evaluation Report.

The country has been re-rated on two recommendations.

Recommendation 2 has been upgraded from partially compliant to largely compliant
Recommendation 15 has been downgraded from partially compliant to non compliant

Cabo Verde has 8 recommendations rated C, 16 rated LC; 15 remain rated PC and 1 NC.

The country will remain in enhanced follow-up.

GIABA Follow-Up Report Cabo Verde - 2025

Filename: Cabo-Verde-FUR-May-2025.pdf
Size: 1 MB
Format: application/pdf

Download the report

GIABA Rapport du suivi - Cabo Verde - 2025

Filename: Cabo-Verde-rapport-suivi-mai-2025.pdf
Size: 1 MB
Format: application/pdf

Lire en français

Related materials

Inter Governmental Action Group against Money Laundering in West Africa (GIABA)

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

Read more Consolidated assessment ratings

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: December 2025