Follow-up report to Lithuania's assessment of anti-money laundering and counter-terrorist financing measures

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English

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In light of progress made by Lithuania since its 2018 Mutual Evaluation Report, the country has been re-rated on one recommendation:

Recommendation 1 is upgraded from Partially Compliant to Largely Compliant

Lithuania will remain in enhanced follow-up, and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures. Lithuania is expected to report back to the Plenary within one year.

Moneyval 1st Follow-Up-Report Lithuania - 2020

Filename: Moneyval-1st-Follow-Up-Report-Lithuania.pdf
Size: 664 KB
Format: application/pdf

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Earlier report

Lithuania's measures to combat money laundering and terrorist financing

This report provides a summary of AML/CFT measures in place in Lithuania as at the date of the on-site visit (7 to 19 May 2018). It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Lithuania's AML/CFT system, and provides recommendations on how the system could be strengthened

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MONEYVAL

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 Consolitated assessment ratings