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

As a result of Suriname’s progress in strengthening its framework to tackle money laundering and terrorist financing since their 2022 mutual evaluation, the Caribbean Financial Action Task Force (CFATF) has re-rated the country on 4 of the 40 Recommendations.

Suriname has been in an enhanced follow-up process, following the adoption of the CFATF mutual evaluation report, which assessed the effectiveness of Suriname’s anti-money laundering and counter-terrorist financing (AML/CFT) measures and the country’s compliance with the FATF Recommendations. In line with the CFATF Procedures for the Fourth Round of AML/CFT Mutual Evaluations, Suriname has reported back to the CFATF on the progress it has made to strengthen its AML/CFT framework.

This report analyses Suriname’s progress in addressing the technical compliance deficiencies identified in the mutual evaluation.   

To reflect this progress, the CFATF has re-rated Suriname on the following Recommendations:

12 – Politically Exposed Persons (PEPS) from partially compliant to largely compliant

13 – Correspondent Banking from partially compliant to compliant

21 – Tipping-off and Confidentiality from partially compliant to compliant

22 – Designated Non-Financial Businesses and Professions (DNFBPS): Customer Due Diligence from   partially compliant to largely compliant

Suriname is now rated as Compliant or Largely Compliant with 14 out of the 40 FATF Recommendations.Publication short description