FATF: FOLLOW-UP REPORT TO BANGLADESH’S ASSESSMENT OF AML/CFT MEASURES

On 22 December, FATF published a report from the FATF-style regional body APG addressing the technical compliance deficiencies identified in its mutual evaluation review and ensuing 2018 and 2019 Follow-Up Reports.  Overall, Bangladesh has made progress in addressing the technical compliance deficiencies identified in its MER and ratings have been upgraded on 2 Recommendations:

  1. Bangladesh has been re-rated to largely compliant on Recommendation 28
  2. Bangladesh has been re-rated to compliant on Recommendation 33

Bangladesh will remain in enhanced follow-up, and will continue to report back to the APG on progress to strengthen its implementation of AML/CFT measures.

www.fatf-gafi.org/publications/mutualevaluations/documents/fur-bangladesh-2020.html

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page 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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