The FATF-style regional body, GAFILAT, has published a number of follow-up assessment reports, including this one, which analyses the progress of Honduras in remedying technical compliance deficiencies identified in its Mutual Assessment Report. As is normal with such reports, effectiveness of the controls was not addressed. The original mutual evaluation report was in 2015 and this report is the 7th follow-up report on progress since 2015. As a result of progress made, Honduras has been re-rated on FATF Recommendations: 3, 10, 17, 23, 29 and 34. While GAFILAT acknowledges the progress made by Honduras in improving technical compliance with FATF Recommendations 1, 2, 28 and 35, it is considered that the progress made so far does not allow to upgrade the rating of these Recommendations. Honduras continues in the enhanced follow-up process and to continue to report back to GAFILAT.