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Reports / Website Updates


20 December 2014  -  In view of the situation in Yemen, the EU imposed Council Regulation
(EU) No 1352/2014 concerning restrictive measures against natural or legal persons, entities
and bodies identified by the Sanctions Committee as engaging in or providing support for acts
that threaten the peace, security or stability of Yemen

Read Regulation

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16 December 2014  -  
IMF Report:  Kuwait: 2014 Article IV Consultation-Staff Report  -  
includes information on anti-money laundering issues

Read Extract and access full report

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10 December 2014  -  Caribbean FATF Mutual Evaluation 7th Follow-up Report published for
Belize - major improvements in FATF Recommendation compliance ratings

View Recommendation scores and key findings (members only)

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9 December 2014  -  Spain  -  Mutual Evaluation Report released (December 2014) -  this is
the first comprehensive review of a country’s anti-money laundering and counter-terrorist
financing system to be completed using the revised FATF Recommendations adopted in 2012.

View Recommendation scores and comments (members only)

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8 December 2014  -  Transparency International Corruption Perception and World Governance
Control of Corruption Indicator scores have been updated in our Country Reports

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6 December 2014  -  Scale of international bribery laid bare by new OECD report

Read main findings and access full report

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1 December 2014  -  Lobbyists, Governments and Public Trust  -  Implementing the OECD
Principles for Transparency and Integrity in Lobbying

Read Main Findings, Policy Guidelines and access full report

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27 November 2014  -  Turkey - The OECD Working Group on Bribery report on Turkey’s
implementation of the Convention on Combating Bribery of Foreign Public Officials in
International Business Transactions and related instruments

Read Recommendations and access full report

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26 November 2014  -  Kazakhstan:  Summary of OECD report by the Istanbul Anti-
Corruption Action Plan (IAP)

Read Summary and access full report

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25 November 2014  -  Mutual Evaluation Report (assessment) relating to the implementation
of anti-money laundering and counter-terrorist financing standards in
Estonia was undertaken
by the Financial Action Task Force (FATF) in 2014

Read Key Recommendations (Members only)

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22 November 2014  -  OECD Report: Phase 3 Report on implementing the OECD anti-bribery
convention in
Brazil

Read Key Recommendations and access full Report

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17 November 2014  -  IMF Report  -  Mexico: 2014 Article IV Consultation  -  includes
information on anti-money laundering issues

Read Extract and access full Report

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13 November 2014  -  US Presidential Determination - Major Drug Transit or Major Illicit Drug
Producing Countries for Fiscal Year 2015

See list and Read More

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11 November 2012  -  IMF Report  -  Switzerland: Detailed Assessment of Compliance - Basel
Core Principles for Effective Banking Supervision

Read Findings re CDD policies and processes and access full Report

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6 November 2014  -  Transparency International Report  -  The world’s biggest companies
disclose little or no financial details about their operations outside their home country. Ninety
of the 124 companies assessed do not disclose the taxes they pay in foreign countries, while
54 disclose no information on their revenues in other countries

Read Report

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4 November 2014  - APG issues public statement on Vanuatu on serious aml deficiencies

Read Statement

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3 November 2014  -  Democratic Republic of the Congo: IMF Report: Financial System
Stability Assessment (October 2014) – includes information on aml issues  

Read Extract and access full report

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30 October 2014  -  Cyprus: 2014 Article IV Consultation-Staff Report - includes information
on aml issues

Read Extract and access full report

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28 October 2104  -  FATF publishes the following Guidance notes: -

Guidance on Transparency and Beneficial Ownership

Risk-Based Approach for the Banking Sector

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25 October 2014  -  Outcomes of the Plenary meeting of the FATF, Paris, 22-24 October 2014
– Under the Australian Presidency, the first FATF Plenary meeting of Plenary year FATF-XXVI
was held on 22-24 October 2014.  The main issues dealt with by this Plenary were:   

FATF call on its members and other jurisdictions to apply counter-measures to protect the
international financial system from the on-going and substantial money laundering and
terrorist financing (ML/TF) risks emanating from the jurisdictions of: -

Iran  and  Democratic People's Republic of Korea (DPRK)

The following jurisdictions have been identified as not having made sufficient progress in
addressing deficiencies or have not committed to an action plan developed with the FATF to
address the deficiencies. FATF calls on its members to consider the risks arising from the
deficiencies associated with: -

Algeria   Ecuador   Indonesia   Myanmar  


FATF identifies a number of jurisdictions which have strategic AML/CFT deficiencies for which
they have developed an action plan with the FATF. While the situations differ among each
jurisdiction, each jurisdiction has provided a written high-level political commitment to address
the identified deficiencies.  
Guyana  is added to these jurisdictions. The jurisdictions are: -

Afghanistan   Albania   Angola   Cambodia   Guyana   Iraq   Kuwait   Laos   Namibia   
Nicaragua   Pakistan   Panama   Papua New Guinea   Sudan   Syria   Uganda   Yemen  
and
 Zimbabwe


Argentina   Cuba   Ethiopia   Tajikistan   and  Turkey  are no longer subject to FATF’s
monitoring process under its on-going global AML/CFT compliance process


Other Outcomes

Issuing a statement to clarify the risk-based approach in the light of the de-risking
phenomenon: ‘FATF clarifies risk-based approach: case-by-case, not wholesale de-risking’

Read More

Expressing concern with the financing generated by and provided to the terrorist group the
Islamic State of Iraq and the Levant (ISIL):  'FATF action on the terrorist group ISIL'

Read More

Discussing the fourth round mutual evaluation reports on compliance with the FATF
Recommendations of Norway and Spain.

Read More

Welcoming Japan’s important progress in its legislative actions, and encouraging Japan to
continue to address deficiencies, including through the adoption of relevant bills.

Reviewing the voluntary tax compliance programmes in Argentina, Australia, France, and
Kyrgyzstan.

Read More

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24 October 2014  -  FATF:  Turkey has taken sufficient steps in addressing technical
compliance with the Core and Key Recommendations (FATF Recommendations) to be removed
from the follow-up process

Read More

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24 October 2014  -  FinCEN Issues Quarterly Update of SAR Stats

Read Update

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22 October 2014  -  Summary of FATF and the G20 Anti-Corruption Working Group (ACWG)
joint Experts’ Meeting on Corruption held on Saturday, 18 October 2014

Read More

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21 October 2014  -  IMF Report: Republic of Korea: Financial Sector Assessment Program-
Detailed Assessment of Compliance on the Basel Core Principles for Effective Banking
Supervision - includes information on anti-money laundering issues

Read Extract and access full Report

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19 October 2014  -  We have introduced a paywall into our website. All visitors will continue to
have free access to the general areas of our website but access will be limited to seven free
views of the country summary pages each month. Members will continue to have unlimited
access to all of the Country summary pages, enhanced reports in pdf format, Country FATF
recommendation ratings and our country data spreadsheet, which is the basis of our index
ratings table.

Click here for further information

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15 October 2014  -  IMF Report: Kazakhstan: Financial System Stability Assessment -
includes information on anti-money laundering issues

Read Extract and access Report

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13 October 2014  -  IMF Financial Operations 2014 Report

Read Report

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8 October 2014  -  Global Financial Centres Index 15 published

Read Index

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5 October 2014  -  IMF Report: Republic of the Congo: 2014 Article IV Consultation  -  
Improving transparency and governance in the natural resource sector remains a major
challenge

Read Extract and access full Report

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29 September 2014  -  FinCEN Issues Guidance on Recognizing Activity that May be Associated
with Human Smuggling and Human Trafficking — Financial Red Flags

Read Guidance

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25 September 2014  -  Public statement under Step 3 of MONEYVAL’s Compliance Enhancing
Procedures in respect of
Bosnia and Herzegovina

Read Statement

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22 September 2014  -  IMF Report: Belize: 2014 Article IV Consultation - includes statement
on AML situation

Read Extract and access full report

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18 September 2014  -  Update on the Public Statement in Respect of the Republic of Uganda
issued by the ESAAMLG Council of Ministers

Read Statement

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17 September 2014  -  IMF Report:  Angola: 2014 Article IV Consultation-Staff Report  -  
includes information on aml and corruption issues

Read Extract and access full report

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14 September 2014  -  OECD:  Strategic perspective on the prevention, detection and
investigation of international tax crime

Read More

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