FATF: GUATEMALA AML/CFT FOLLOW-UP REPORT

On 9th November, FATF published a 3rd follow-up report following the mutual evaluation of the country in 2016.  It says that Guatemala has been making important progress in relation to addressing the technical compliance deficiencies identified in its MER and has been re-rated – Recommendation 15 from Partially Compliant to Compliant; and Recommendation 16 from Partially Compliant to Largely Compliant.  Moreover, it has shown progress in Recommendations 5, 7, 14, 17, 22, 23, 28 and 35. Guatemala will continue in the enhanced follow-up process and will continue to report to GAFILAT, the regional FATF-style body, on the progress made to strengthen its implementation of AML/CFT measures.

http://www.fatf-gafi.org/publications/mutualevaluations/documents/fur-guatemala-2018.html

Guatemala

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s