Mutual Evaluation of the Netherlands: 2nd Follow-up Report
In February 2014, the FATF recognised that the Netherlands had made significant progress in addressing the deficiencies identified in the 2011 mutual evaluation report and should be removed from the regular follow-up process. The decision by the FATF to remove a country from the regular follow-up process is based on procedures agreed in October 2009.
The Netherlands was placed in the regular follow-up process as a result of partially compliant (PC) ratings for certain core and key Recommendations in its mutual evaluation report of February 2011.
The February 2014 follow-up report contains a detailed description and analysis of the actions taken by the Netherlands in respect of the core and key Recommendations rated PC in the 2011 mutual evaluation report.
Since the adoption of its mutual evaluation report in 2011, the Netherlands has focused its attention on:
The annex to the 2nd follow-up report is based on a report from the Netherlands on actions taken to address the deficiencies related to the other (non-core/key) Recommendations rated PC or NC in the MER. The information in this Annex was presented for information and was not discussed or approved by the FATF Plenary.