PROCEDURES FOR THE FATF 4th ROUND OF AML/CFT MUTUAL EVALUATIONS

On 19^th November, FATF published an updated edition of this book of guidance which sets out the procedures that are the basis for that 4^th round of mutual evaluations which involve 2 inter-related components – technical compliance with FATF 40 Recommendations and the effectiveness of controls (these measured and given “Immediate Outcome” ratings).

http://www.fatf-gafi.org/media/fatf/content/images/FATF-4th-Round-Procedures.pdf

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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 View all posts by raytodd2017