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

On 19th November, FATF published an updated edition of this book of guidance which sets out the procedures that are the basis for that 4th 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

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

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

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