Updates

Daily Newsletter

To read and/or subscribe to our free daily newsletter focusing on current Global Anti-Money Laundering, Sanction and Corruption issues and also advising of all updates to our website go to our Newsletter page.
 
Reports / Website Updates  
 

29 November 2021  -  Mutual Evaluation Report for Niger published

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23 November 2021  -  US revokes Executive Order relating to Burundi

Read Statement

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17 November 2021  -  Following recent Executive Orders issued by the US, expanding the sanctions authorities for designations in the Western Balkans, and the definition of countries comprising the Western Balkans, the following countries now fall under the sanction regime: -

Albania, Bosnia & HerzegovinaCroatia, Kosovo, Montenegro, North Macedonia, Serbia and Slovenia.

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17 November 2021  -  Following the Executive Order (E.O.) of September 17, 2021 placing sanctions on Ethiopia. Following this, further restrictions have been placed on the Eritrean Military.

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17 November 2021  -  Mutual Evaluation follow-up reports published for the Cayman Islands and Sri Lanka

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5 November 2021  -  Mutual Evaluation Report for Nigeria published

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2 November 2021  -  FATF publishes Cross-Border Payments Survey Results on Implementation of the
FATF Standards

Read Report

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1 November 2021  -  UK Treasury publishes Charity sector guidance Financial Sanctions guidance for charities and other non-governmental organisations (NGOs) 

Read report

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21 October 2021  -  Outcomes FATF Plenary, 19-21 October 2021​

High-Risk Jurisdictions subject to a Call for Action:  -
 
North Korea
 
Iran
 
FATF identified 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: -
Albania   Barbados   Burkina Faso  Cambodia   Cayman Islands   Haiti   Jamaica  Jordan  Mali   Malta    Myanmar   Nicaragua  Morocco  Pakistan   Panama   Philippines  Senegal   South Sudan   Syria  Turkey  Uganda   Yemen   and  Zimbabwe
Botswana and Mauritius removed from list
View Outcomes of FATF Plenary

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11 October 2021  -  Mutual Evaluation Report published for South Africa

Follow up Mutual Evaluation Reports published for China and Finland

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6 October 2021  -  Anguilla, Dominica and the Seychelles removed from EU tax blacklist

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5 October 2021  -  ICIJ release Pandora's Papers

View Papers

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4 October 2021  -  Mutual Evaluation Report published for Benin

Follow up Mutual Evaluation Report published for Canada

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30 September 2021  -  Global Initiative launch Global Organised Crime Index

View Index

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21 September 2021  -  Mutual Evaluation Report published for Chile

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9 September 2021  -  Mutual Evaluation Report published for Tonga

Follow-up Mutual Evaluation Reports for Cambodia, Iceland, Mongolia, Pakistan and the Philippines

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1 September 2021  -  Mutual Evaluation Report published for Japan

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1 September 2021  -  List of Offshore Finance Centers amended to include all countries listed on 

Eurostat and CORPNET research group. 

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17 August 2021  -   Follow-up Mutual Evaluation Report published for Thailand

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12 August 2021  -  Mutual Evaluation Report published for Egypt.

Follow-up Mutual Evaluation Report published for Myanmar.

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9 August 2021  -  Follow-up Mutual Evaluation Report published for Botswana and Zimbabwe

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8 August 2021  -  Follow-up Mutual Evaluation Report published for Ethiopia

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14 July 2021  -  Mutual Evaluation Reports published for Mozambique and Tanzania published. Follow-up Mutual Evaluation Report published for Tajikistan.

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7 July 2021  -  FATF publishes following reports: -

Second 12 Month Review of Revised FATF Standards - Virtual Assets and VASPs

Opportunities and Challenges of New Technologies for AML/CFT

Stocktake on Data Pooling, Collaborative Analytics and Data Protection

Guidance on Proliferation Financing Risk Assessment and Mitigation

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5 July 2021  -  US Department of State publishes 2021 Trafficking in Persons Report.. Country reports in Membership area updated. Changes in Tier Placements updated in Ratings scores.

Read Full Report

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29 June 2021  -  Mutual Evaluation Reports published for San Marino and Vatican City (Holy See)

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29 June 2021  -  Follow-up Mutual Evaluation Report published for Slovenia

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26 June 2021  -  Outcomes FATF Plenary, 22-25 June 2021

High-Risk Jurisdictions subject to a Call for Action:  -
 
North Korea
 
Iran
 
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: -
Albania   Barbados   Botswana   Burkina Faso  Cambodia   Cayman Islands   Haiti   Jamaica   Malta  Mauritius    Myanmar   Nicaragua  Morocco  Pakistan   Panama   Philippines  Senegal   South Sudan   Syria   Uganda  Yemen   and  Zimbabwe
View Outcomes of FATF Plenary
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21 June 2021  -  Follow-up Mutual Evaluation Report published for Mexico
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10 June 2021  -  EU Commission list of high risk countries originally published in January 2019 (although never adopted) has been removed from our Country ratings table. Countries that are not on the FATF AML Deficient list or current EU Commission list of high risk countries have been removed from list. These are American Samoa, Guam, Nigeria, Puerto Rico, Samoa, Saudi Arabia, Sri Lanka and Tunisia
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8 June 2021  -  Follow-up Mutual Evaluation Reports published for Bhutan and Pakistan
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28 May 2021  -  Follow-up Mutual Evaluation Reports published for Albania, Hungary and Malta
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24 May 2021  -  Mutual Evaluation Report published for the Democratic Republic of Congo
Further information (Membership area)
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13 May 2021  -  Follow-up Mutual Evaluation Reports published for ArmeniaCzech RepublicIsle of Man, Lithuania and Ukraine
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9 May 2021  -  IMF Reports published for Pakistan and Sudan  -  includes information on AML issues
Further information (Membership area)
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9 May 2021  -  Amendments to EU Tax blacklist  -  Barbados and Jamaica on grey list
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30 April 2021  -  Mutual Evaluation Report published for New Zealand
Further information (Membership area)
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18 April 2021  -  Fighting trafficking in human beings: New strategy to prevent trafficking, break criminal business models, protect and empower victims
Read Strategy Report
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18 April 2021  -  Fight against organised crime: New 5-year strategy for boosting cooperation across the EU and for better use of digital tools for investigations
Read Strategy Report
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12 April 2021  -   IMF Report: Philippines : Financial System Stability Assessment  -  includes information on AML ssues

View Extract and access full report (Membership Area)
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1 April 2021  -  IMF Reports  -  Columbia, Mali and Samoa  -  includes information on AML and corruption issues

View Extract and access full report (Membership Area)
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18 March 2021  -  After a review of old style Mutual Evaluations, it is noted that the following countries have been removed from the 4th Round Mutual Evaluation follow-up process  -  Bosnia & Herzegovina  Bulgaria  Croatia
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17 March 2021  -  EU removes sanction regime against Egypt
Read more
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17 March 2021 - Change to Japan rating score due to adjustment in human trafficking score - 1st tier to 2nd tier.
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11 March 2021  -  Follow-up to Mutual Evaluation Report published for Cayman Islands
Further information (Membership area)
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11 March 2021  -  Bosnia & Herzegovina and Mongolia removed from EU Tax Grey List
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11 March 2021  -  Azerbaijan MER score updated
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5 March 2021  -  2021 INCSR Drug and Chemical Control Report published  by US State Department. 
Country reports in Membership area updated
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5 March 2021  -  2021 INCSR  Money Laundering Report published by US State Department. Serbia removed from list of countries deemed to be Major Money Laundering Jurisdictions. The following countries have been identified as major money laundering jurisdictions, and their profiles have been updated: -
Afghanistan, Albania, Algeria, Antigua and Barbuda, Argentina, Armenia, Aruba, Bahamas, Barbados, Belgium, Belize, Benin, Bolivia, Brazil, British Virgin Islands, Burma, Cabo Verde, Canada, Cayman Islands, China, Colombia, Costa Rica, Cuba, Curacao, Cyprus, Dominica, Dominican Republic, Ecuador, El Salvador, Georgia, Ghana, Guatemala, Guyana, Haiti, Honduras, Hong Kong, India, Indonesia, Iran, Italy, Jamaica, Kazakhstan, Kenya, Kyrgyz Republic, Laos, Liberia, Macau, Malaysia, Mexico, Morocco, Mozambique, Netherlands, Nicaragua, Nigeria, Pakistan, Panama, Paraguay, Peru, Philippines, Russia, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Senegal, Sint Maarten, Spain, Suriname, Tajikistan, Tanzania, Thailand, Trinidad and Tobago, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, and Vietnam country profiles updated
Azerbaijan and Bosnia & Herzegovina no longer categorised as primary concern
Country reports in Membership area updated
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2 March 2021  -  European Banking Authority publishes final revised Guidelines on money laundering and terrorist financing risk factors
Read more and access Guidelines
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26 February 2021  -  Outcomes FATF Plenary, 22-25 February 2021
High-Risk Jurisdictions subject to a Call for Action:  -
North Korea
Iran
 
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: -
Albania   Bahamas  Barbados   Botswana   Burkina Faso  Cambodia   Cayman Islands  Ghana   Jamaica   Mauritius    Myanmar   Nicaragua  Morocco  Pakistan   Panama  Senegal  Syria   Uganda  Yemen   and  Zimbabwe
 
View Outcomes of FATF Plenary
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26 February 2021  -  Barbados removed from, and Dominica added to, the EU list of non-cooperative jurisdictions for tax purposes.
Read EU Council Statement
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23 February 2021  -  Follow-ups to Mutual Evaluation Reports published for Botswana, Ethiopia, Madagascar,
Mauritius, the Seychelles, and Uganda
Further information (Membership area)
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18 February 2021  -  Follow-ups to Mutual Evaluation Reports published for Barbados and Denmark
Further information (Membership area)
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16 February 2021  -  OFAC statement re Yemen:  Revocation of Counter Terrorism General Licenses; Counter Terrorism Designations Removal and Updates
Read full statement
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6 February 2021 -  Mutual Evaluation Report published for St Lucia
Further information (Membership area)
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6 February 2021 - Follow-up to Mutual Evaluation Reports published for Cuba, Fiji and Nicaragua
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31 January 2021  -   Transparency International publishes 2020 Corruption Perceptions Index. Country Profiles and risk ratings updated to reflect changes (including 2020 World Bank Control of Corruption and Governance Indicators)
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29 January 2021  -  Extract from IMF Report  -  The Gambia : First Review Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Augmentation of Access and a Waiver of Nonobservance of a Performance Criterion-Press Release (2021) - includes information on AML, corruption and human trafficking issues
View Extract and access full report (Membership Area)
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23 January 2021  -  Follow-up to Mutual Evaluation Report published for Jamaica
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12 January 2021  -  U.S. Announces Designation of Cuba as a State Sponsor of Terrorism
Read Announcement
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10 January 2021  -  IMF Report  -  Central African Republic : Technical Assistance Report - Governance Diagnostic Report  -  includes information on AML and corruption issues

View Extract and access full report (Membership Area)
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31 December 2020  -  Follow-up to Mutual Evaluation Report published for Mauritania
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24 December 2020  -  Follow-up to Mutual Evaluation Reports published for Morocco and Sri Lanka
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23 December 2020  -  Follow-up to Mutual Evaluation Report published for Bangladesh
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21 December 2020  -  FATF removes The Bahamas from the list of Jurisdictions under Increased Monitoring
Read FATF Statement
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14 December 2020 - United States formally removes Sudan's state sponsor of terrorism designation
Read US Dept of State Press Statement
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9 December 2020  -  FATF/Egmont Trade-based Money Laundering: Trends and Developments
Read Report
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23 November 2020  -  Follow-up to Mutual Evaluation Report published for Iceland
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6 November 2020  -  Mutual Evaluation Reports published for Georgia and Slovakia
View findings (Membership Area)
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24 October 2020  -  Outcomes FATF Plenary, 21-23 October 2020
High-Risk Jurisdictions subject to a Call for Action:  -
North Korea
Iran
 
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: -
Albania   Bahamas  Barbados   Botswana   Cambodia   Ghana   Jamaica   Mauritius    Myanmar   Nicaragua   Pakistan   Panama   Syria   Uganda   Yemen  and  Zimbabwe
Iceland and Mongolia removed from list
 
Outcomes of FATF Plenary
 

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