___________________________________________________________________________________________
21 May 2013 - IMF Report: Chad: 2012 Article IV Consultation - includes information on anti-
money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
* 20 May 2013 - MENAFATF release Mutual Evaluation Report for Sudan
Read Key Findings and access full Report
___________________________________________________________________________________________
* 20 May 2013 - MENAFATF release Mutual Evaluation Report for Iraq
Read Key Findings and access full Report
_______________________________________________________________________________
17 May 2013 - OFAC issues an amended general license under its three terrorism programs to
clarify the definition of the term “Palestinian Authority” in response to the announced resignation of
Palestinian Authority Prime Minister Salam Fayyad.
Read More (pdf file)
___________________________________________________________________________________________
15 May 2013 - IMF Report: Nigeria: 2013 Article IV Consultation - includes information on anti-
money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
14 May 2013 - PKF International Limited Worldwide Tax Reports for 2013 are now available in
our Country Tax Reports (Tax Sections)
Go to Tax Reports Index
___________________________________________________________________________________________
12 May 2013 - OFAC has released its Quarterly Report of Licensing Activities relating to license
applications requesting authorization to export agricultural commodities, medicine, and medical
devices to Iran and Sudan
Read Report
___________________________________________________________________________________________
10 May 2013 - FinCEN Releases 18th Issue of SAR Activity Review – By the Numbers
Read Review (pdf file)
___________________________________________________________________________________________
10 May 2013 - FinCEN Releases 23rd Issue of SAR Activity Review – Trends, Tips & Issues
Read Review (pdf file)
___________________________________________________________________________________________
10 May 2013 - EU Council Regulation No 401/2013 is issued in respect of the restrictive
measures directed by the European Union against Burma/Myanmar relating to the lifting of financial
sanctions
Read Regulation (pdf file)
___________________________________________________________________________________________
9 May 2013 - Republic of Kosovo: Third Review Under the Stand-By Arrangement and Request
for Waiver of Nonobservance of Criterion - includes information on anti-money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
8 May 2013 - The FATF organised a meeting of the Private Sector Consultative Forum to discuss
key aspects of the revised anti-money laundering and countering the financing of terrorism
(AML/CFT) framework and to seek input and feedback
Read More
___________________________________________________________________________________________
8 May 2013 - The FATF holds a Consultation and Dialogue Meeting with Non-Profit
Organisations (NPOs) to stress the importance of ensuring that FATF Recommendation 8 on NPOs
is not being implemented in a manner that disrupts or discourages legitimate charitable activity
Read More
___________________________________________________________________________________________
7 May 2013 - IMF Report: Philippines: 2013 Article IV Consultation - includes information on
aml and corruption issues
Read extract and access full report
___________________________________________________________________________________________
5 May 2013 - First comprehensive UNODC study on transnational organized crime threats in East
Asia and the Pacific
Read More
___________________________________________________________________________________________
1 May 2013 - Extract from IMF Report Kenya: Fifth Review Under the Three-Year Arrangement
Under the Extended Credit Facility and Request for a Waiver and Modification of Performance
Criteria - includes information on anti-money laundering issues
Read Extract and access full Report
___________________________________________________________________________________________
28 April 2013 - FinCEN Issues FATF-Related Advisories on AML/CFT Risks
Read More
___________________________________________________________________________________________
25 April 2013 - OFAC announce Zimbabwe Sanctions Program Update
Read More
___________________________________________________________________________________________
23 April 2013 - The European Union has lifted the last of its trade, economic and individual
sanctions against Myanmar
Read More
___________________________________________________________________________________________
22 April 2013 - The Financial Crimes Enforcement Network (FinCEN) issues this Advisory to
remind U.S. financial institutions to take reasonable risk-based steps with respect to the potential
movement of assets that may be related to the current unrest in Syria
Read Advisory (pdf file)
_______________________________________________________________________________
18 April 2013 - EU Council implements Regulation (EU) No 325/2013 amending Article 14(2) of
Regulation 36/2012 relating to frozen accounts of payments due under judicial, administrative, or
arbitral decisions rendered or enforceable in Member States.
Read Regulation
___________________________________________________________________________________________
17 April 2013 - OFAC issues a general license to authorize certain academic and professional
exchange activities between the United States and Sudan
Read License
___________________________________________________________________________________________
16 April 2013 - Group of States against Corruption (GRECO) third round compliance reports
available for Albania, Armenia, Azerbaijan, Bulgaria, Croatia, Czech Republic,
Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, Macedonia,
Malta, Moldova, Montenegro, Netherlands, Norway, Poland, Portugal, Romania,
Serbia, Slovakia, Slovenia, Spain, Turkey, and United Kingdom
Read Conclusions and access Reports by clicking on country names
___________________________________________________________________________________________
12 April 2013 - Group of States against Corruption (GRECO) publishes compliance reports on
Cyprus and Czech Republic
Read Conclusions and access reports by clicking on country names
__________________________________________________________________________________________
10 April 2013 - Council Regulation (EU) No 296/2013 of 26 March 2013 amending Regulation
(EC) No 329/2007 concerning restrictive measures against the Democratic People’s Republic of
Korea (North Korea)
Read Regulation (pdf file)
___________________________________________________________________________________________
9 April 2013 - Key Findings extracts from latest mutual evaluations now available in reports for
Anguilla, Curacao, El Salvador, St Maarten, St Vincent & the Grenadines
Click on country names to view extracts
___________________________________________________________________________________________
7 April 2013 - Morocco: 2012 Article IV Consultation and First Review Under the Two-Year
Precautionary and Liquidity Line - includes information on aml issues
Read Extract and access report
___________________________________________________________________________________________
3 April 2013 - In the most detailed study ever undertaken of its kind in the European law
enforcement community Europol has identified an estimated 3,600 organised crime groups currently
active in the EU.
Read More
___________________________________________________________________________________________
1 April 2013 - FATF 49 Recommendations scores updated in Country Reports for Anguilla,
Curacao, El Salvador, St Maarten, St Vincent & the Grenadines
Click on country names to view and access full Mutual Evaluation Reports
___________________________________________________________________________________________
30 March 2013 - Combating firearms trafficking: EU Commission proposes ratification of UN
protocol and further action
Read More
___________________________________________________________________________________________
27 March 2013 - US State Department: Annual Report on Assistance Related to International
Terrorism: Fiscal Year 2012
Read More
___________________________________________________________________________________________
* 25 March 2013 - We have updated the in our Country Reports, where applicable, the range of
government actions as reported in the International Narcotics Control Strategy Report (INCSR),
effective as of December 31, 2012, that jurisdictions have, or have not, taken to combat money
laundering.
Home Page to access Country Reports
___________________________________________________________________________________________
24 March 2013 - FATF has adopted a new guidance which is intended to assist in the conduct of
risk assessment at the country or national level.
Read More
___________________________________________________________________________________________
21 March 2013 - Office of Foreign Assets Control (OFAC) issued Burma (Myanmar) FAQs
regarding recent steps the United States has taken to ease economic and trade sanctions against
Burma (Myanmar), including General License Nos. 16, 17, 18, and 19.
Read FAQs
___________________________________________________________________________________________
19 March 2013 - OFAC publishes Iranian Financial Sanctions Regulations Amendments
Read Amendments
___________________________________________________________________________________________
19 March 2013 - OFAC issues Syria General License No. 16, which authorizes U.S. persons to
provide to the National Coalition of Syrian Revolutionary and Opposition Forces certain services,
including transfers of funds, otherwise prohibited by Executive Order 13582 of August 17, 2011,
“Blocking Property of the Government of Syria and Prohibiting Certain Transactions with Respect to
Syria"
Read Licence
___________________________________________________________________________________________
* 18 March 2013 - FATF 49 Recommendations scores updated in Country Reports for Bolivia,
Colombia and Ecuador
Click on country names to view and access full Mutual Evaluation Reports
___________________________________________________________________________________________
14 March 2013 - The Office of Foreign Assets Control (OFAC) launches a new and improved tool
for searching its Specially Designated Nationals List (SDN).
Access tool and other search tools
_______________________________________________________________________________
13 March 2013 - IMF Report: Bangladesh: First Review Under the Three-Year
Arrangement Under the Extended Credit Facility and Request for Waiver of Nonobservance of a
Performance Criterion - includes information on aml issues
Read extract and access report
___________________________________________________________________________________________
10 March 2013 - 2013 International Narcotics Control Strategy Report published - Drug and
Chemical Control reports have been updated in our Country Reports
Go to our home page to access Country Reports
___________________________________________________________________________________________
9 March 2013 - 2013 International Narcotics Control Strategy Report published - Money
Laundering and Financial Crimes - and the following countries identified as Priority Concern: -
Afghanistan Antigua and Barbuda Argentina Australia Austria Bahamas Belize
Bolivia Brazil BVI Cambodia Canada Cayman Islands China Colombia Costa Rica
Curacao Cyprus Dominican Republic France Germany Greece Guatemala
Guernsey Guinea-Bissau Haiti Hong Kong India Indonesia Iran Iraq Isle of Man
Israel Italy Japan Jersey Kenya Latvia Lebanon Liechtenstein Luxembourg
Macau Mexico Myanmar Netherlands Nigeria Pakistan Panama Paraguay
Philippines Russia Singapore Somalia Spain St. Maarten Switzerland Taiwan
Thailand Turkey Ukraine United Arab Emirates United Kingdom Uruguay
Venezuela Zimbabwe
Click on Country name to read Country specific report
___________________________________________________________________________________________
7 March 2013 - UNODC report: Tracking transnational organized crime in West Africa
Read Report
____________________________________________________________________
* 4 March 2013 - Mutual Evaluation Reports for Guinea Bissau, Swaziland and Togo now
available
View compliance scores on FATF 49 Recommendations by clicking on country names
___________________________________________________________________________________________
27 February 2013 - FATF updates its Guidance on Anti-Money Laundering and Terrorist
Financing Measures and Financial Inclusion
Read More
___________________________________________________________________________________________
* 26 February 2013 - Mutual Evaluation Reports for Angola, Kenya and Liberia now
available.
View compliance scores on FATF 49 Recommendations by clicking on country names
___________________________________________________________________________________________
* 22 February 2013 - 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)
FATF releases list of jurisdictions with strategic AML/CFT deficiencies that have not made sufficient
progress in addressing the 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 Ecuador, Ethiopia, Indonesia, Kenya, Myanmar, Nigeria,
Pakistan, Sao Tome, Syria, Tanzania, Turkey, Vietnam and Yemen
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. The jurisdictions are Afghanistan, Albania, Algeria, Angola, Antigua &
Barbuda, Argentina, Bangladesh, Bolivia, Brunei, Cambodia, Cuba, Kuwait,
Kyrgyzstan, Mongolia, Morocco, Namibia, Nepal, Nicaragua, Philippines, Sri Lanka,
Sudan, Tajikistan, Thailand and Zimbabwe
Ghana and Venezuela are no longer subject to FATF’s monitoring process under its on-going
global AML/CFT compliance process
_______________________________________________________________________________
22 February 2013 - Adopting new Methodology for Assessing Technical Compliance with the
FATF Recommendations and the Effectiveness of AML/CFT Systems
Read More
__________________________________________________________________________________________
22 February 2013 - FATF issues a statement on Turkey. After passing a new law on preventing
Terrorist Financing, Turkey was not suspended
Read Statement
___________________________________________________________________________________________
22 February 2013 - Outcomes of the FATF Plenary, 20-22 February 2013:
Updating the Guidance on Anti-Money Laundering and Counter Terrorist Financing Measures and
Financial Inclusion
Approving and publishing guidance on conducting National Risk Assessment
Welcoming OSCE as Observer.
Deciding on the process of whether to undertake a limited expansion of FATF Membership.
Discussed the global challenges in supervision and enforcement
Read More
___________________________________________________________________________________________
21 February 2013 - EU Regulation 1210 has been amended to permit the transfer of frozen
funds, other financial assets or economic resources to the successor arrangements to the
Development Fund for Iraq put in place by the Government of Iraq under the conditions set out in
UNSC Resolutions 1483 (2003) and 1956 (2010)
Read Amendment
___________________________________________________________________________________________
20 February 2013 - US and Switzerland Sign New FATCA Agreement
Read More
___________________________________________________________________________________________
19 February 2013 - IMF Report: Benin: 2012 Article IV Consultation and Fourth Review Under
the Extended Credit Facility Arrangement - includes information on aml issues
Read Extract and access report
___________________________________________________________________________________________
18 February 2013 - Transparency International Report: Promoting corporate transparency in the
Baltic Sea Region
Read More
_______________________________________________________________________________
14 February 2013 - UNODC Report: Despite progress, Afghanistan's total corruption cost
increases to $3.9 billion
Read More
___________________________________________________________________________________________
12 February 2013 - IMF Report: Greece: First and Second Reviews Under the Extended
Arrangement Under the Extended Fund Facility, Request for Waiver of Applicability, Modification of
Performance Criteria, and Rephasing of Access - information on anti-money laundering issues
Read Extract and access Full Report
___________________________________________________________________________________________
11 February 2013 - Transparency International: Middle East and North African governments
have high risks of defence-related corruption
Read More
___________________________________________________________________________________________
8 February 2013 - KPMG releases Global Audit Committee Survey
Read More
___________________________________________________________________________________________
7 February 2013 - OFAC issues Guidance relating to key provisions of the Iran Threat Reduction
and Syria Human Rights Act of 2012; OFAC Issues Clarifying Guidance on Humanitarian Assistance
and Related Exports to the Iranian People
Read More
___________________________________________________________________________________________
5 February 2013 - Transparency International Report: 70% of governments fail to protect
against corruption in the defence sector
Read Report
___________________________________________________________________________________________
4 February 2013 - IMF Report: Seychelles: Sixth Review Under the Extended Arrangement and
Request for an Extension of the Arrangement and Augmentation of Access
Read extract and access Full Report
___________________________________________________________________________________________
1 February 2013 - EU Council Regulation (EU) No 1263/2012 amending Regulation (EU) No
267/2012 concerning restrictive measures against Iran
Read Regulation
___________________________________________________________________________________________
30 December 2013 - Freedom House release Annual Global survey on Political Rights and Civil
Liberties
Read More and access report
___________________________________________________________________________________________
28 January 2013 - IMF Report: Republic of Mozambique: Fifth Review Under The Policy Support
Instrument And Request For Modification Of Assessment Criteria - includes information on anti-
money laundering and corruption issues
___________________________________________________________________________________________
27 January 2013 - At the forthcoming FATF Plenery meeting (20 - 22 February 2013) members
and FATF-Style Regional Bodies are expected to adopt the methodology for the assessment of
compliance with the 2012 FATF Recommendations, and identify jurisdictions with strategic
deficiencies in their anti-money laundering and countering the financing of terrorism system.
Read More
___________________________________________________________________________________________
24 January 2013 - OFAC release 4th Quarter FY2012 Licensing Activities Undertaken Pursuant
to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA) - relating to Iran &
Sudan
Read More
___________________________________________________________________________________________
22 January 2013 - Treasury and IRS Issue Final Regulations to Combat Offshore Tax Evasion
Read More
___________________________________________________________________________________________
21 January 2013 - IMF Report: Tanzania: Fifth Review Under the Policy Support Instrument,
First Review Under the Standby Credit Facility - includes information on money laundering and
corruption
Read Extract and access full report
_______________________________________________________________________________
16 January 2013 - IMF Report: India: Financial System Stability Assessment Update - includes
information on money laundering and corruption
Read Extract and access full report
___________________________________________________________________________________________
14 January 2013 - Kenya: Fourth Review Under the Three-Year Arrangement Under the
Extended Credit Facility, Request for a Waiver and Modification of Performance Criteria - includes
information on money laundering and corruption
Read Extract and access full report
___________________________________________________________________________________________
11 January 2013 - OFAC release Advisory on the Use of Exchange Houses and Trading
Companies to Evade U.S. Economic Sanctions Against Iran
Read Advisory
___________________________________________________________________________________________
10 January 2013 - OECD voice serious concerns regarding foreign bribery enforcement in
Austria, Netherlands and Spain - Click on country names to read more
___________________________________________________________________________________________
8 January 2013 - Vatican City: Museums and businesses in the Holy See have been declining
credit card and debit card purchases following the Bank of Italy's decision that is reportedly linked to
concerns over inadequate money-laundering controls.
Read More
___________________________________________________________________________________________
7 January 2013 - OECD release Typology on Mutual Legal Assistance in Foreign Bribery Cases
Read Report
_______________________________________________________________________________
2 January 2013 - OFAC updates the list of Cuba Travel and Carrier Service Providers and
Remittance Forwarders
View Updated List
___________________________________________________________________________________________
27 December 2012 - OFAC publishes a final rule in the Federal Register on December 26, 2012,
amending the Iranian Transactions and Sanctions Regulations to implement section 218 of the Iran
Threat Reduction and Syria Human Rights Act of 2012
Read More
___________________________________________________________________________________________
* 26 December 2012 - We have updated all Country Reports to include the US State Department
2012 Trafficking in Persons Report
21 December 2012 - UNODC: 2012 Global Report on Trafficking in Persons
Read Report (pdf file)
18 December 2012 - US Department of State: Fact Sheet: About the Global Counterterrorism
Forum (GCTF)
Read More
17 December 2012 - US Department of State: Ministerial Plenary Co-Chairs Fact Sheet:
International Center of Excellence for Countering Violent Extremism
Read More
14 December 2012 - We have updated ore country ratings tool to include American Samoa,
Greenland and South Sudan
View ratings (Home Page)
12 December 2012 - Address by the president of FATF: Development of the Global Network and
other key elements of FATF work
Read Address
10 December 2012 - Iran (nuclear proliferation) Corrigendum to EU Council Regulation 267/2012
Read Notice (pdf file)
* 7 December 2012 - Transparency International 2012 Corruption Perceptions Index released - all
of our Country Reports have been updated to reflect changes
Access Index
5 December 2012 - Counterterrorism: Fact Sheet issued by the Co-Chairs Turkey and the United
States) of the Global Counterterrorism Forum for the GCTF Ministerial-Level Plenary in Istanbul
Read More
* 3 December 2012 - We have updated our Country Risk Ratings to reflect the latest Worldwide
Governance Indicators data
See Country Risk Ratings
30 November 2012 - FATF: Improving the understanding of terrorist financing in West Africa and
advancing other research
Read More
* 27 November 2012 - Colombia, Libya and Malaysia updated to reflect change in Terrorist Safe
Haven status. Sierra Leona sanction information updated. (Click on country name to view report)
25 November 2012 - IMF Report: Guinea: Enhanced Initiative for Heavily Indebted Poor Countries—
Completion Point Document and Multilateral Debt Relief Initiative - includes information on anti-
corruption issues
Read Extract and access full report
23 November 2012 - The FATF, UN and member countries focus on preventing and suppressing
terrorist financing
Read More
22 November 2012 - HM Treasury gives new direction to all UK credit and financial institutions,
requiring them to cease all business with banks incorporated in Iran and their branches and
subsidiaries, wherever located, including the Central Bank of Iran.
Read More (pdf file)
20 November 2012 - OFAC Sanctions Program Update: List of Authorized Travel, Carrier, and
Remittance Forwarding Services to Cuba
Read Updated List (pdf file)
17 November 2012 - US Department of Treasury release publication of Burma General Licenses
and Myanmar (Burma) Designations
Read More
16 November 2012 - World Economic Forum: Global Risks 2012 Seventh Edition
Read Report (pdf file)
14 November 2012 - EU Council Implements Regulation (EU) No 1017/2012
This notice is issued in respect of the asset-freezing measures directed by the Council of the
European Union in respect of Belarus
Read Regulation
13 November 2012 - U.S. engaging with more than 50 jurisdictions to curtail offshore tax evasion
Read More
12 November 2012 - On November 9, 2012, the Department of the Treasury’s Office of Foreign
Assets Control (“OFAC”) issued the new Yemen Sanctions Regulations
Read More
9 November 2012 - Transparency International Report - Fighting corruption in Ukraine: A serious
challenge
Read Report
8 November 2012 - Cyprus removed from Russian blacklist of countries from which it discourages
foreign investment.
Read Article
6 November 2012 - IMF Report: The Federal Democratic Republic of Ethiopia: 2012 Article IV
Consultation - includes information on AML issues
Read Extract and access full report
5 November 2012 - The FATF has released an interim follow-up report, setting out progress made
since the report of the mutual evaluation of Mexico, which was published in October 2008
Read Key Findings and access report
2 November 2012 - FATF's focus on financial inclusion: protecting the integrity of the global
financial system
Read More
31 October 2012 - IMF Report: Lao People's Democratic Republic: Staff Report for the 2012 Article
IV Consultation (includes information on AML issues)
Read Extract and access full report
29 October 2012 - IMF Report: Romania: 2012 Article IV Consultation and Sixth Review Under the
Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and
Modification of Performance Criteria (includes information on AML issues)
Read Extract and access full report
29 October 2012 - OFAC publishes revised list that identifies all currently authorized Carrier Service
Providers, Travel Service Providers, and Remittance Forwarders for Cuba
Read Revision (pdf file)
25 October 2012 - UNODC launches report to assist Member States to counter the use of the
internet for terrorist purposes
Read More
23 October 2012 - US State Treasury Department Publication of Iranian Transactions and
Sanctions Regulations, 31 CFR Part 560 (The "ITSR"), and statement of licensing procedure and
related Frequently Asked Questions, and actions concerning Iranian General License A and General
License B
Read More
22 October 2012 - In October 2012, the FATF recognised that Hong Kong, China had made
significant progress in addressing the deficiencies identified in the 2008 Mutual Evaluation Report.
The FATF agreed that Hong Kong, China should now report on any further improvements to its Anti-
Money Laundering/Combating the Financing of Terrorism (AML/CFT) system on a biennial update
basis.
Read More
* 21 October 2012 - 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. The jurisdictions are Afghanistan, Albania, Algeria, Angola,
Antigua & Barbuda, Argentina, Bangladesh, Brunei, Cambodia, Ghana, Kuwait, Kyrgyzstan,
Mongolia, Morocco, Namibia, Nepal, Nicaragua, Philippines, Sudan, Tajikistan, Trinidad &
Tobago, Venezuela, and Zimbabwe
FATF releases list of jurisdictions with strategic AML/CFT deficiencies that have not made sufficient
progress in addressing the 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 Bolivia, Cuba, Ecuador, Ethiopia, Indonesia, Kenya, Myanmar,
Nigeria, Pakistan, Sao Tome, Sri Lanka, Syria, Tanzania, Thailand, Turkey, Vietnam and Yemen
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)
* Trinidad & Tobago is no longer subject to FATF’s monitoring process under its on-going global
AML/CFT compliance process.
21 October 2012 - Outcomes of the Plenary meeting of the FATF, Paris, 17-19 October 2012
- Update on progress made by Trinidad and Tobago.
- Statement on Turkey, including a decision to suspend Turkish membership on 22 February
2013 unless adequate counter-terrorist financing legislation is enacted.
- Update on Progress made by Argentina.
- Review of the voluntary tax compliance programme in Curaçao.
21 October 2012 - Reports released at the Plenary meeting of the FATF, Paris, 17-19 October
2012:
- Updating the Best Practices Paper on Confiscation and Asset Recovery (Recommendations 4
and 38) - read more
- Updating the Best Practices Paper on Managing the Anti-Money Laundering - read more
- Counter-Terrorist Financing Policy Implications of Voluntary Tax Compliance Programmes -
read more
19 October 2012 - FATF President's Summary of Outcomes from the Experts’ meeting on Corruption
Read Summary
17 October 2012 - Council Implementing Regulation (EU) No 943/2012
This notice is issued in respect of the restrictive measures directed against certain persons, entities
or bodies in view of the situation in Somalia
Read Notice
17 October 2012 - Council Implementing Regulation (EU) No. 944/2012
This notice is issued in respect of the restrictive measures directed by the Council of the European
Union in view of the situation in Syria
Read Notice
17 October 2012 - Council Decision 2012/635/CFSP Council Implementing Regulation (EU) No
945/2012 This notice is issued in respect of the restrictive measures directed by the Council of the
European Union against Iran in view of Iran’s failure to engage seriously in negotiations in order to
address international concerns about its nuclear programme
Read Notice
16 October 2012 - FinCEN Releases Latest SAR Activity Review – Trends, Tips & Issues
Read Review (pdf file)
15 October 2012 - FATF release Annual Report 2011-2012
Read More
11 October 2012 - Release of Iranian General License C-1 - Funds transfers related to Earthquake
Relief efforts, to or for the Benefit of Persons in Iran, authorized until November 19, 2012
Read More
11 October 2011 - 2nd and 3rd Quarter FY 2012 Licensing Activities undertaken pursuant to the
Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA) - reference to Iran and
Sudan
Read More
10 October 2012 - Release of Iran Executive Order Implementing the Iran Threat Reduction and
Syria Human Rights Act of 2012 and Frequently Asked Questions Related to Section 4 of the
Executive Order
Read Executive Order
9 October 2012 - IMF Report: Zimbabwe: Staff Report for the 2012 Article IV Consultation
Access Report
6 October 2012 - IMF Report: Suriname: Staff Report for the 2012 Article IV Consultation
Read Extract and access Report
5 October 2012 - UNODC presents a new UNODC study entitled Transnational Organized Crime in
Central America and the Caribbean
Read More
2 October 2012 - Asian Corporate Governance Association release their report entitled 'Corporate
Governance Watch 2012'
Read Report
1 October 2012 - Spanish political class must become more transparent says Transparency
International Report
Read Report
27 September 2012 - IMF Report - Indonesia: Staff Report for the 2012 Article IV Consultation -
includes information on AML, Fiscal and Economic issues
Access Report
25 September 2012 - Z/Yen Group publish 2012 Global Financial Centres Index
Read Index (external pdf file)
24 September 2012 - Tackling corruption in Bangladesh - a report from Transparency International
Read More
20 September 2012 - Amendments to the United Kingdom Money Laundering Regulations 2007 will
come into force on 1 October 2012
Read Amended Regulations (pdf)
18 September 2012 - OECD Working Group on Bribery - Annual Report
View Report
13 September 2012 - Transparency International surveys 3,000 business people in 30 countries
giving a snapshot of business views on corruption from around the world
Access interactive report
13 September 2012 - The East African Bribery Index: Bribery prevalence in Kenya remains high as
the country moved from fourth place recorded in 2011 to third in the 2012 East African Bribery Index
(EABI)
Read More and access report
12 September 2012 - Uganda tops in corruption among the five countries under the East African
community (EAC)
Read More and access report
11 September 2012 - Extracted from IMF Report: Seychelles: Fifth Review Under the Extended
Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review
Read Extract and access Report
10 September 2012 - Extracted from IMF Report: Turkey: Financial System Stability Assessment
includes information on AML, Economic and Fiscal issues
Read Extract and access Report
7 September 2012 - US Department of the Treasury release updated list of Authorised Providers of
Air, Travel and Remittance Forwarding Services to Cuba
Access List
6 September 2012 - Extracted from IMF Report: Tuvalu: Staff Report for the 2012 Article IV
Consultation includes information on AML, Economic and Fiscal issues.
Read Extract and access Report
4 September 2012 - Extract from IMF Report: Tunisia: 2012 Article IV Consultation — includes
information on AML and other issues
Read extract and access Report
2 September 2012 - Meeting of the FATF Plenary, Paris, 17-19 October 2012
Read more
2 September 2012 - Implementation of the FATF Recommendations by ESAAMLG Countries
Read more
21 May 2013 - IMF Report: Chad: 2012 Article IV Consultation - includes information on anti-
money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
* 20 May 2013 - MENAFATF release Mutual Evaluation Report for Sudan
Read Key Findings and access full Report
___________________________________________________________________________________________
* 20 May 2013 - MENAFATF release Mutual Evaluation Report for Iraq
Read Key Findings and access full Report
_______________________________________________________________________________
17 May 2013 - OFAC issues an amended general license under its three terrorism programs to
clarify the definition of the term “Palestinian Authority” in response to the announced resignation of
Palestinian Authority Prime Minister Salam Fayyad.
Read More (pdf file)
___________________________________________________________________________________________
15 May 2013 - IMF Report: Nigeria: 2013 Article IV Consultation - includes information on anti-
money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
14 May 2013 - PKF International Limited Worldwide Tax Reports for 2013 are now available in
our Country Tax Reports (Tax Sections)
Go to Tax Reports Index
___________________________________________________________________________________________
12 May 2013 - OFAC has released its Quarterly Report of Licensing Activities relating to license
applications requesting authorization to export agricultural commodities, medicine, and medical
devices to Iran and Sudan
Read Report
___________________________________________________________________________________________
10 May 2013 - FinCEN Releases 18th Issue of SAR Activity Review – By the Numbers
Read Review (pdf file)
___________________________________________________________________________________________
10 May 2013 - FinCEN Releases 23rd Issue of SAR Activity Review – Trends, Tips & Issues
Read Review (pdf file)
___________________________________________________________________________________________
10 May 2013 - EU Council Regulation No 401/2013 is issued in respect of the restrictive
measures directed by the European Union against Burma/Myanmar relating to the lifting of financial
sanctions
Read Regulation (pdf file)
___________________________________________________________________________________________
9 May 2013 - Republic of Kosovo: Third Review Under the Stand-By Arrangement and Request
for Waiver of Nonobservance of Criterion - includes information on anti-money laundering issues
Read Extract and access full report
___________________________________________________________________________________________
8 May 2013 - The FATF organised a meeting of the Private Sector Consultative Forum to discuss
key aspects of the revised anti-money laundering and countering the financing of terrorism
(AML/CFT) framework and to seek input and feedback
Read More
___________________________________________________________________________________________
8 May 2013 - The FATF holds a Consultation and Dialogue Meeting with Non-Profit
Organisations (NPOs) to stress the importance of ensuring that FATF Recommendation 8 on NPOs
is not being implemented in a manner that disrupts or discourages legitimate charitable activity
Read More
___________________________________________________________________________________________
7 May 2013 - IMF Report: Philippines: 2013 Article IV Consultation - includes information on
aml and corruption issues
Read extract and access full report
___________________________________________________________________________________________
5 May 2013 - First comprehensive UNODC study on transnational organized crime threats in East
Asia and the Pacific
Read More
___________________________________________________________________________________________
1 May 2013 - Extract from IMF Report Kenya: Fifth Review Under the Three-Year Arrangement
Under the Extended Credit Facility and Request for a Waiver and Modification of Performance
Criteria - includes information on anti-money laundering issues
Read Extract and access full Report
___________________________________________________________________________________________
28 April 2013 - FinCEN Issues FATF-Related Advisories on AML/CFT Risks
Read More
___________________________________________________________________________________________
25 April 2013 - OFAC announce Zimbabwe Sanctions Program Update
Read More
___________________________________________________________________________________________
23 April 2013 - The European Union has lifted the last of its trade, economic and individual
sanctions against Myanmar
Read More
___________________________________________________________________________________________
22 April 2013 - The Financial Crimes Enforcement Network (FinCEN) issues this Advisory to
remind U.S. financial institutions to take reasonable risk-based steps with respect to the potential
movement of assets that may be related to the current unrest in Syria
Read Advisory (pdf file)
_______________________________________________________________________________
18 April 2013 - EU Council implements Regulation (EU) No 325/2013 amending Article 14(2) of
Regulation 36/2012 relating to frozen accounts of payments due under judicial, administrative, or
arbitral decisions rendered or enforceable in Member States.
Read Regulation
___________________________________________________________________________________________
17 April 2013 - OFAC issues a general license to authorize certain academic and professional
exchange activities between the United States and Sudan
Read License
___________________________________________________________________________________________
16 April 2013 - Group of States against Corruption (GRECO) third round compliance reports
available for Albania, Armenia, Azerbaijan, Bulgaria, Croatia, Czech Republic,
Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, Macedonia,
Malta, Moldova, Montenegro, Netherlands, Norway, Poland, Portugal, Romania,
Serbia, Slovakia, Slovenia, Spain, Turkey, and United Kingdom
Read Conclusions and access Reports by clicking on country names
___________________________________________________________________________________________
12 April 2013 - Group of States against Corruption (GRECO) publishes compliance reports on
Cyprus and Czech Republic
Read Conclusions and access reports by clicking on country names
__________________________________________________________________________________________
10 April 2013 - Council Regulation (EU) No 296/2013 of 26 March 2013 amending Regulation
(EC) No 329/2007 concerning restrictive measures against the Democratic People’s Republic of
Korea (North Korea)
Read Regulation (pdf file)
___________________________________________________________________________________________
9 April 2013 - Key Findings extracts from latest mutual evaluations now available in reports for
Anguilla, Curacao, El Salvador, St Maarten, St Vincent & the Grenadines
Click on country names to view extracts
___________________________________________________________________________________________
7 April 2013 - Morocco: 2012 Article IV Consultation and First Review Under the Two-Year
Precautionary and Liquidity Line - includes information on aml issues
Read Extract and access report
___________________________________________________________________________________________
3 April 2013 - In the most detailed study ever undertaken of its kind in the European law
enforcement community Europol has identified an estimated 3,600 organised crime groups currently
active in the EU.
Read More
___________________________________________________________________________________________
1 April 2013 - FATF 49 Recommendations scores updated in Country Reports for Anguilla,
Curacao, El Salvador, St Maarten, St Vincent & the Grenadines
Click on country names to view and access full Mutual Evaluation Reports
___________________________________________________________________________________________
30 March 2013 - Combating firearms trafficking: EU Commission proposes ratification of UN
protocol and further action
Read More
___________________________________________________________________________________________
27 March 2013 - US State Department: Annual Report on Assistance Related to International
Terrorism: Fiscal Year 2012
Read More
___________________________________________________________________________________________
* 25 March 2013 - We have updated the in our Country Reports, where applicable, the range of
government actions as reported in the International Narcotics Control Strategy Report (INCSR),
effective as of December 31, 2012, that jurisdictions have, or have not, taken to combat money
laundering.
Home Page to access Country Reports
___________________________________________________________________________________________
24 March 2013 - FATF has adopted a new guidance which is intended to assist in the conduct of
risk assessment at the country or national level.
Read More
___________________________________________________________________________________________
21 March 2013 - Office of Foreign Assets Control (OFAC) issued Burma (Myanmar) FAQs
regarding recent steps the United States has taken to ease economic and trade sanctions against
Burma (Myanmar), including General License Nos. 16, 17, 18, and 19.
Read FAQs
___________________________________________________________________________________________
19 March 2013 - OFAC publishes Iranian Financial Sanctions Regulations Amendments
Read Amendments
___________________________________________________________________________________________
19 March 2013 - OFAC issues Syria General License No. 16, which authorizes U.S. persons to
provide to the National Coalition of Syrian Revolutionary and Opposition Forces certain services,
including transfers of funds, otherwise prohibited by Executive Order 13582 of August 17, 2011,
“Blocking Property of the Government of Syria and Prohibiting Certain Transactions with Respect to
Syria"
Read Licence
___________________________________________________________________________________________
* 18 March 2013 - FATF 49 Recommendations scores updated in Country Reports for Bolivia,
Colombia and Ecuador
Click on country names to view and access full Mutual Evaluation Reports
___________________________________________________________________________________________
14 March 2013 - The Office of Foreign Assets Control (OFAC) launches a new and improved tool
for searching its Specially Designated Nationals List (SDN).
Access tool and other search tools
_______________________________________________________________________________
13 March 2013 - IMF Report: Bangladesh: First Review Under the Three-Year
Arrangement Under the Extended Credit Facility and Request for Waiver of Nonobservance of a
Performance Criterion - includes information on aml issues
Read extract and access report
___________________________________________________________________________________________
10 March 2013 - 2013 International Narcotics Control Strategy Report published - Drug and
Chemical Control reports have been updated in our Country Reports
Go to our home page to access Country Reports
___________________________________________________________________________________________
9 March 2013 - 2013 International Narcotics Control Strategy Report published - Money
Laundering and Financial Crimes - and the following countries identified as Priority Concern: -
Afghanistan Antigua and Barbuda Argentina Australia Austria Bahamas Belize
Bolivia Brazil BVI Cambodia Canada Cayman Islands China Colombia Costa Rica
Curacao Cyprus Dominican Republic France Germany Greece Guatemala
Guernsey Guinea-Bissau Haiti Hong Kong India Indonesia Iran Iraq Isle of Man
Israel Italy Japan Jersey Kenya Latvia Lebanon Liechtenstein Luxembourg
Macau Mexico Myanmar Netherlands Nigeria Pakistan Panama Paraguay
Philippines Russia Singapore Somalia Spain St. Maarten Switzerland Taiwan
Thailand Turkey Ukraine United Arab Emirates United Kingdom Uruguay
Venezuela Zimbabwe
Click on Country name to read Country specific report
___________________________________________________________________________________________
7 March 2013 - UNODC report: Tracking transnational organized crime in West Africa
Read Report
____________________________________________________________________
* 4 March 2013 - Mutual Evaluation Reports for Guinea Bissau, Swaziland and Togo now
available
View compliance scores on FATF 49 Recommendations by clicking on country names
___________________________________________________________________________________________
27 February 2013 - FATF updates its Guidance on Anti-Money Laundering and Terrorist
Financing Measures and Financial Inclusion
Read More
___________________________________________________________________________________________
* 26 February 2013 - Mutual Evaluation Reports for Angola, Kenya and Liberia now
available.
View compliance scores on FATF 49 Recommendations by clicking on country names
___________________________________________________________________________________________
* 22 February 2013 - 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)
FATF releases list of jurisdictions with strategic AML/CFT deficiencies that have not made sufficient
progress in addressing the 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 Ecuador, Ethiopia, Indonesia, Kenya, Myanmar, Nigeria,
Pakistan, Sao Tome, Syria, Tanzania, Turkey, Vietnam and Yemen
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. The jurisdictions are Afghanistan, Albania, Algeria, Angola, Antigua &
Barbuda, Argentina, Bangladesh, Bolivia, Brunei, Cambodia, Cuba, Kuwait,
Kyrgyzstan, Mongolia, Morocco, Namibia, Nepal, Nicaragua, Philippines, Sri Lanka,
Sudan, Tajikistan, Thailand and Zimbabwe
Ghana and Venezuela are no longer subject to FATF’s monitoring process under its on-going
global AML/CFT compliance process
_______________________________________________________________________________
22 February 2013 - Adopting new Methodology for Assessing Technical Compliance with the
FATF Recommendations and the Effectiveness of AML/CFT Systems
Read More
__________________________________________________________________________________________
22 February 2013 - FATF issues a statement on Turkey. After passing a new law on preventing
Terrorist Financing, Turkey was not suspended
Read Statement
___________________________________________________________________________________________
22 February 2013 - Outcomes of the FATF Plenary, 20-22 February 2013:
Updating the Guidance on Anti-Money Laundering and Counter Terrorist Financing Measures and
Financial Inclusion
Approving and publishing guidance on conducting National Risk Assessment
Welcoming OSCE as Observer.
Deciding on the process of whether to undertake a limited expansion of FATF Membership.
Discussed the global challenges in supervision and enforcement
Read More
___________________________________________________________________________________________
21 February 2013 - EU Regulation 1210 has been amended to permit the transfer of frozen
funds, other financial assets or economic resources to the successor arrangements to the
Development Fund for Iraq put in place by the Government of Iraq under the conditions set out in
UNSC Resolutions 1483 (2003) and 1956 (2010)
Read Amendment
___________________________________________________________________________________________
20 February 2013 - US and Switzerland Sign New FATCA Agreement
Read More
___________________________________________________________________________________________
19 February 2013 - IMF Report: Benin: 2012 Article IV Consultation and Fourth Review Under
the Extended Credit Facility Arrangement - includes information on aml issues
Read Extract and access report
___________________________________________________________________________________________
18 February 2013 - Transparency International Report: Promoting corporate transparency in the
Baltic Sea Region
Read More
_______________________________________________________________________________
14 February 2013 - UNODC Report: Despite progress, Afghanistan's total corruption cost
increases to $3.9 billion
Read More
___________________________________________________________________________________________
12 February 2013 - IMF Report: Greece: First and Second Reviews Under the Extended
Arrangement Under the Extended Fund Facility, Request for Waiver of Applicability, Modification of
Performance Criteria, and Rephasing of Access - information on anti-money laundering issues
Read Extract and access Full Report
___________________________________________________________________________________________
11 February 2013 - Transparency International: Middle East and North African governments
have high risks of defence-related corruption
Read More
___________________________________________________________________________________________
8 February 2013 - KPMG releases Global Audit Committee Survey
Read More
___________________________________________________________________________________________
7 February 2013 - OFAC issues Guidance relating to key provisions of the Iran Threat Reduction
and Syria Human Rights Act of 2012; OFAC Issues Clarifying Guidance on Humanitarian Assistance
and Related Exports to the Iranian People
Read More
___________________________________________________________________________________________
5 February 2013 - Transparency International Report: 70% of governments fail to protect
against corruption in the defence sector
Read Report
___________________________________________________________________________________________
4 February 2013 - IMF Report: Seychelles: Sixth Review Under the Extended Arrangement and
Request for an Extension of the Arrangement and Augmentation of Access
Read extract and access Full Report
___________________________________________________________________________________________
1 February 2013 - EU Council Regulation (EU) No 1263/2012 amending Regulation (EU) No
267/2012 concerning restrictive measures against Iran
Read Regulation
___________________________________________________________________________________________
30 December 2013 - Freedom House release Annual Global survey on Political Rights and Civil
Liberties
Read More and access report
___________________________________________________________________________________________
28 January 2013 - IMF Report: Republic of Mozambique: Fifth Review Under The Policy Support
Instrument And Request For Modification Of Assessment Criteria - includes information on anti-
money laundering and corruption issues
___________________________________________________________________________________________
27 January 2013 - At the forthcoming FATF Plenery meeting (20 - 22 February 2013) members
and FATF-Style Regional Bodies are expected to adopt the methodology for the assessment of
compliance with the 2012 FATF Recommendations, and identify jurisdictions with strategic
deficiencies in their anti-money laundering and countering the financing of terrorism system.
Read More
___________________________________________________________________________________________
24 January 2013 - OFAC release 4th Quarter FY2012 Licensing Activities Undertaken Pursuant
to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA) - relating to Iran &
Sudan
Read More
___________________________________________________________________________________________
22 January 2013 - Treasury and IRS Issue Final Regulations to Combat Offshore Tax Evasion
Read More
___________________________________________________________________________________________
21 January 2013 - IMF Report: Tanzania: Fifth Review Under the Policy Support Instrument,
First Review Under the Standby Credit Facility - includes information on money laundering and
corruption
Read Extract and access full report
_______________________________________________________________________________
16 January 2013 - IMF Report: India: Financial System Stability Assessment Update - includes
information on money laundering and corruption
Read Extract and access full report
___________________________________________________________________________________________
14 January 2013 - Kenya: Fourth Review Under the Three-Year Arrangement Under the
Extended Credit Facility, Request for a Waiver and Modification of Performance Criteria - includes
information on money laundering and corruption
Read Extract and access full report
___________________________________________________________________________________________
11 January 2013 - OFAC release Advisory on the Use of Exchange Houses and Trading
Companies to Evade U.S. Economic Sanctions Against Iran
Read Advisory
___________________________________________________________________________________________
10 January 2013 - OECD voice serious concerns regarding foreign bribery enforcement in
Austria, Netherlands and Spain - Click on country names to read more
___________________________________________________________________________________________
8 January 2013 - Vatican City: Museums and businesses in the Holy See have been declining
credit card and debit card purchases following the Bank of Italy's decision that is reportedly linked to
concerns over inadequate money-laundering controls.
Read More
___________________________________________________________________________________________
7 January 2013 - OECD release Typology on Mutual Legal Assistance in Foreign Bribery Cases
Read Report
_______________________________________________________________________________
2 January 2013 - OFAC updates the list of Cuba Travel and Carrier Service Providers and
Remittance Forwarders
View Updated List
___________________________________________________________________________________________
27 December 2012 - OFAC publishes a final rule in the Federal Register on December 26, 2012,
amending the Iranian Transactions and Sanctions Regulations to implement section 218 of the Iran
Threat Reduction and Syria Human Rights Act of 2012
Read More
___________________________________________________________________________________________
* 26 December 2012 - We have updated all Country Reports to include the US State Department
2012 Trafficking in Persons Report
21 December 2012 - UNODC: 2012 Global Report on Trafficking in Persons
Read Report (pdf file)
18 December 2012 - US Department of State: Fact Sheet: About the Global Counterterrorism
Forum (GCTF)
Read More
17 December 2012 - US Department of State: Ministerial Plenary Co-Chairs Fact Sheet:
International Center of Excellence for Countering Violent Extremism
Read More
14 December 2012 - We have updated ore country ratings tool to include American Samoa,
Greenland and South Sudan
View ratings (Home Page)
12 December 2012 - Address by the president of FATF: Development of the Global Network and
other key elements of FATF work
Read Address
10 December 2012 - Iran (nuclear proliferation) Corrigendum to EU Council Regulation 267/2012
Read Notice (pdf file)
* 7 December 2012 - Transparency International 2012 Corruption Perceptions Index released - all
of our Country Reports have been updated to reflect changes
Access Index
5 December 2012 - Counterterrorism: Fact Sheet issued by the Co-Chairs Turkey and the United
States) of the Global Counterterrorism Forum for the GCTF Ministerial-Level Plenary in Istanbul
Read More
* 3 December 2012 - We have updated our Country Risk Ratings to reflect the latest Worldwide
Governance Indicators data
See Country Risk Ratings
30 November 2012 - FATF: Improving the understanding of terrorist financing in West Africa and
advancing other research
Read More
* 27 November 2012 - Colombia, Libya and Malaysia updated to reflect change in Terrorist Safe
Haven status. Sierra Leona sanction information updated. (Click on country name to view report)
25 November 2012 - IMF Report: Guinea: Enhanced Initiative for Heavily Indebted Poor Countries—
Completion Point Document and Multilateral Debt Relief Initiative - includes information on anti-
corruption issues
Read Extract and access full report
23 November 2012 - The FATF, UN and member countries focus on preventing and suppressing
terrorist financing
Read More
22 November 2012 - HM Treasury gives new direction to all UK credit and financial institutions,
requiring them to cease all business with banks incorporated in Iran and their branches and
subsidiaries, wherever located, including the Central Bank of Iran.
Read More (pdf file)
20 November 2012 - OFAC Sanctions Program Update: List of Authorized Travel, Carrier, and
Remittance Forwarding Services to Cuba
Read Updated List (pdf file)
17 November 2012 - US Department of Treasury release publication of Burma General Licenses
and Myanmar (Burma) Designations
Read More
16 November 2012 - World Economic Forum: Global Risks 2012 Seventh Edition
Read Report (pdf file)
14 November 2012 - EU Council Implements Regulation (EU) No 1017/2012
This notice is issued in respect of the asset-freezing measures directed by the Council of the
European Union in respect of Belarus
Read Regulation
13 November 2012 - U.S. engaging with more than 50 jurisdictions to curtail offshore tax evasion
Read More
12 November 2012 - On November 9, 2012, the Department of the Treasury’s Office of Foreign
Assets Control (“OFAC”) issued the new Yemen Sanctions Regulations
Read More
9 November 2012 - Transparency International Report - Fighting corruption in Ukraine: A serious
challenge
Read Report
8 November 2012 - Cyprus removed from Russian blacklist of countries from which it discourages
foreign investment.
Read Article
6 November 2012 - IMF Report: The Federal Democratic Republic of Ethiopia: 2012 Article IV
Consultation - includes information on AML issues
Read Extract and access full report
5 November 2012 - The FATF has released an interim follow-up report, setting out progress made
since the report of the mutual evaluation of Mexico, which was published in October 2008
Read Key Findings and access report
2 November 2012 - FATF's focus on financial inclusion: protecting the integrity of the global
financial system
Read More
31 October 2012 - IMF Report: Lao People's Democratic Republic: Staff Report for the 2012 Article
IV Consultation (includes information on AML issues)
Read Extract and access full report
29 October 2012 - IMF Report: Romania: 2012 Article IV Consultation and Sixth Review Under the
Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and
Modification of Performance Criteria (includes information on AML issues)
Read Extract and access full report
29 October 2012 - OFAC publishes revised list that identifies all currently authorized Carrier Service
Providers, Travel Service Providers, and Remittance Forwarders for Cuba
Read Revision (pdf file)
25 October 2012 - UNODC launches report to assist Member States to counter the use of the
internet for terrorist purposes
Read More
23 October 2012 - US State Treasury Department Publication of Iranian Transactions and
Sanctions Regulations, 31 CFR Part 560 (The "ITSR"), and statement of licensing procedure and
related Frequently Asked Questions, and actions concerning Iranian General License A and General
License B
Read More
22 October 2012 - In October 2012, the FATF recognised that Hong Kong, China had made
significant progress in addressing the deficiencies identified in the 2008 Mutual Evaluation Report.
The FATF agreed that Hong Kong, China should now report on any further improvements to its Anti-
Money Laundering/Combating the Financing of Terrorism (AML/CFT) system on a biennial update
basis.
Read More
* 21 October 2012 - 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. The jurisdictions are Afghanistan, Albania, Algeria, Angola,
Antigua & Barbuda, Argentina, Bangladesh, Brunei, Cambodia, Ghana, Kuwait, Kyrgyzstan,
Mongolia, Morocco, Namibia, Nepal, Nicaragua, Philippines, Sudan, Tajikistan, Trinidad &
Tobago, Venezuela, and Zimbabwe
FATF releases list of jurisdictions with strategic AML/CFT deficiencies that have not made sufficient
progress in addressing the 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 Bolivia, Cuba, Ecuador, Ethiopia, Indonesia, Kenya, Myanmar,
Nigeria, Pakistan, Sao Tome, Sri Lanka, Syria, Tanzania, Thailand, Turkey, Vietnam and Yemen
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)
* Trinidad & Tobago is no longer subject to FATF’s monitoring process under its on-going global
AML/CFT compliance process.
21 October 2012 - Outcomes of the Plenary meeting of the FATF, Paris, 17-19 October 2012
- Update on progress made by Trinidad and Tobago.
- Statement on Turkey, including a decision to suspend Turkish membership on 22 February
2013 unless adequate counter-terrorist financing legislation is enacted.
- Update on Progress made by Argentina.
- Review of the voluntary tax compliance programme in Curaçao.
21 October 2012 - Reports released at the Plenary meeting of the FATF, Paris, 17-19 October
2012:
- Updating the Best Practices Paper on Confiscation and Asset Recovery (Recommendations 4
and 38) - read more
- Updating the Best Practices Paper on Managing the Anti-Money Laundering - read more
- Counter-Terrorist Financing Policy Implications of Voluntary Tax Compliance Programmes -
read more
19 October 2012 - FATF President's Summary of Outcomes from the Experts’ meeting on Corruption
Read Summary
17 October 2012 - Council Implementing Regulation (EU) No 943/2012
This notice is issued in respect of the restrictive measures directed against certain persons, entities
or bodies in view of the situation in Somalia
Read Notice
17 October 2012 - Council Implementing Regulation (EU) No. 944/2012
This notice is issued in respect of the restrictive measures directed by the Council of the European
Union in view of the situation in Syria
Read Notice
17 October 2012 - Council Decision 2012/635/CFSP Council Implementing Regulation (EU) No
945/2012 This notice is issued in respect of the restrictive measures directed by the Council of the
European Union against Iran in view of Iran’s failure to engage seriously in negotiations in order to
address international concerns about its nuclear programme
Read Notice
16 October 2012 - FinCEN Releases Latest SAR Activity Review – Trends, Tips & Issues
Read Review (pdf file)
15 October 2012 - FATF release Annual Report 2011-2012
Read More
11 October 2012 - Release of Iranian General License C-1 - Funds transfers related to Earthquake
Relief efforts, to or for the Benefit of Persons in Iran, authorized until November 19, 2012
Read More
11 October 2011 - 2nd and 3rd Quarter FY 2012 Licensing Activities undertaken pursuant to the
Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA) - reference to Iran and
Sudan
Read More
10 October 2012 - Release of Iran Executive Order Implementing the Iran Threat Reduction and
Syria Human Rights Act of 2012 and Frequently Asked Questions Related to Section 4 of the
Executive Order
Read Executive Order
9 October 2012 - IMF Report: Zimbabwe: Staff Report for the 2012 Article IV Consultation
Access Report
6 October 2012 - IMF Report: Suriname: Staff Report for the 2012 Article IV Consultation
Read Extract and access Report
5 October 2012 - UNODC presents a new UNODC study entitled Transnational Organized Crime in
Central America and the Caribbean
Read More
2 October 2012 - Asian Corporate Governance Association release their report entitled 'Corporate
Governance Watch 2012'
Read Report
1 October 2012 - Spanish political class must become more transparent says Transparency
International Report
Read Report
27 September 2012 - IMF Report - Indonesia: Staff Report for the 2012 Article IV Consultation -
includes information on AML, Fiscal and Economic issues
Access Report
25 September 2012 - Z/Yen Group publish 2012 Global Financial Centres Index
Read Index (external pdf file)
24 September 2012 - Tackling corruption in Bangladesh - a report from Transparency International
Read More
20 September 2012 - Amendments to the United Kingdom Money Laundering Regulations 2007 will
come into force on 1 October 2012
Read Amended Regulations (pdf)
18 September 2012 - OECD Working Group on Bribery - Annual Report
View Report
13 September 2012 - Transparency International surveys 3,000 business people in 30 countries
giving a snapshot of business views on corruption from around the world
Access interactive report
13 September 2012 - The East African Bribery Index: Bribery prevalence in Kenya remains high as
the country moved from fourth place recorded in 2011 to third in the 2012 East African Bribery Index
(EABI)
Read More and access report
12 September 2012 - Uganda tops in corruption among the five countries under the East African
community (EAC)
Read More and access report
11 September 2012 - Extracted from IMF Report: Seychelles: Fifth Review Under the Extended
Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review
Read Extract and access Report
10 September 2012 - Extracted from IMF Report: Turkey: Financial System Stability Assessment
includes information on AML, Economic and Fiscal issues
Read Extract and access Report
7 September 2012 - US Department of the Treasury release updated list of Authorised Providers of
Air, Travel and Remittance Forwarding Services to Cuba
Access List
6 September 2012 - Extracted from IMF Report: Tuvalu: Staff Report for the 2012 Article IV
Consultation includes information on AML, Economic and Fiscal issues.
Read Extract and access Report
4 September 2012 - Extract from IMF Report: Tunisia: 2012 Article IV Consultation — includes
information on AML and other issues
Read extract and access Report
2 September 2012 - Meeting of the FATF Plenary, Paris, 17-19 October 2012
Read more
2 September 2012 - Implementation of the FATF Recommendations by ESAAMLG Countries
Read more
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Spread-Sheets have been
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* Denotes Risk Banding/Index
Spread-Sheets have been
updated accordingly
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